0001225208-17-000177.txt : 20170104
0001225208-17-000177.hdr.sgml : 20170104
20170104084720
ACCESSION NUMBER: 0001225208-17-000177
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170101
FILED AS OF DATE: 20170104
DATE AS OF CHANGE: 20170104
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: PENNY JEROME SCOTT
CENTRAL INDEX KEY: 0001180023
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13619
FILM NUMBER: 17503630
MAIL ADDRESS:
STREET 1: 13842 DRIFTWOOD DR
CITY: CARMEL
STATE: IN
ZIP: 46033
4
1
doc4.xml
X0306
4
2017-01-01
0000079282
BROWN & BROWN INC
BRO
0001180023
PENNY JEROME SCOTT
220 S. RIDGEWOOD AVE.
DAYTONA BEACH
FL
32114
1
EVP,Chief Acquisitions Officer
Common Stock, $.10 par value
2017-01-01
4
F
0
1523.0000
44.8600
D
46810.0000
D
Common Stock, $.10 par value
2017-01-01
4
F
0
2138.0000
44.8600
D
44672.0000
D
Common Stock, $.10 par value (Jointly Owned)
148989.0000
D
Common Stock, $.10 par value (PSP)
31028.0000
D
Common Stock, $.10 par value (SIP)
76658.0000
D
Common Stock, $.10 par value
9385.0000
I
By 401k
Common Stock, $.10 par value
96.0000
I
Children
Stock Options
18.4800
2016-09-07
2018-02-26
Common Stock, $.10 par value
20000.0000
20000.0000
D
Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 5,569 shares of stock under the Company's 2010 Stock Incentive Plan ("SIP").
A total of 855 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2016. Number of shares may vary due to dividend reinvestment.
Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 7,320 shares of stock under the Company's Performance Stock Plan ("PSP").
Owned jointly with spouse.
These securities were granted pursuant to the Company's 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 SIP. Full ownership will not vest until the satisfaction of additional conditions established in connection with this grant.
Based upon information supplied by the plan recordkeeper as of December 31, 2016. Number of shares varies periodically based on contributions to plan.
Reporting Person disclaims beneficial ownership in shares owned by children who share 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 became exercisable on September 7, 2016 pursuant to satisfaction of conditions established pursuant to the Plan.
J. Scott Penny
2017-01-03