0001225208-16-025015.txt : 20160128 0001225208-16-025015.hdr.sgml : 20160128 20160128163908 ACCESSION NUMBER: 0001225208-16-025015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151222 FILED AS OF DATE: 20160128 DATE AS OF CHANGE: 20160128 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN & BROWN INC CENTRAL INDEX KEY: 0000079282 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 590864469 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 220 S. RIDGEWOOD AVE. CITY: DAYTONA BEACH STATE: FL ZIP: 32114 BUSINESS PHONE: 386-252-9601 MAIL ADDRESS: STREET 1: 220 S. RIDGEWOOD AVE. CITY: DAYTONA BEACH STATE: FL ZIP: 32114 FORMER COMPANY: FORMER CONFORMED NAME: POE & BROWN INC DATE OF NAME CHANGE: 19930827 FORMER COMPANY: FORMER CONFORMED NAME: POE & ASSOCIATES INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN J POWELL CENTRAL INDEX KEY: 0001208478 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13619 FILM NUMBER: 161369427 4 1 doc4.xml X0306 4 2015-12-22 0000079282 BROWN & BROWN INC BRO 0001208478 BROWN J POWELL 220 S. RIDGEWOOD AVENUE DAYTONA BEACH FL 32114 1 1 President and CEO Common Stock, $.10 par value 2015-12-22 5 G 0 856.0000 0.0000 A 1102081.0000 D Common Stock, $.10 par value (PSP) 70332.0000 D Common Stock, $.10 par value (SIP) 344357.0000 D Common Stock, $.10 par value 17937.2240 I By 401k Common Stock, $.10 par value 9171.0000 I Children Stock Options 18.4800 2013-03-07 2018-02-26 Common Stock, $.10 par value 35000.0000 35000.0000 D Stock Options 18.4800 2013-08-01 2018-02-26 Common Stock, $.10 par value 35000.0000 35000.0000 D Stock Options 18.4800 2017-11-26 2018-02-26 Common Stock, $.10 par value 35000.0000 35000.0000 D A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. Number of shares may vary due to dividend reinvestment. These securities were granted pursuant to the Company's Performance Stock Plan ("PSP"). Based on the satisfaction of conditions established pursuant to the PSP, the Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions. These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performaance-based conditions established in connection with this grant. Based upon information supplied by the plan recordkeeper as of January 27, 2015. Number of shares varies periodically based on contributions to plan. The Reporting Person disclaims beneficial ownership of securities owned by children who share the Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan"). These options vest and become exercisable on November 26, 2017, unless accelerated based on satisfaction of conditions established pursuant to the Plan. powerofattorney.txt Robert W. Lloyd for J. Powell Brown per Power of Attorney 2016-01-28 EX-24 2 powerofattorney.txt POWER OF ATTORNEY The undersigned constitutes and appoints Robert W. Lloyd and R. Andrew Watts, or either of them, as his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign all reports (including Forms 4 and Forms 5) required to be filed by the undersigned pursuant to Section 16 of the Securities Exchange Act and the rules and regulations promulgated thereunder, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises as fully to all intents and purposes as he might or could in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitutes, may lawfully do or cause to be done by virtue hereof. _________________________ Date: January 2015 J. Powell Brown