SEC Form 4 · accession 0001225208-16-026529
BROWN & BROWN, INC. · BRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charlie Lydecker
Other
Period of report
May 28, 2015
Accepted (ET)
Feb 16, 2016 · 4:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000079282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.10 par valueF1 | May 28, 2015 | G | 5,388 | $0.00 | D | 47,499 | D | |
| Common Stock, $.10 par value (Jointly Owned)F2 | holding | — | — | — | 257,412 | D | ||
| Common Stock, $.10 par value (PSP)F3 | holding | — | — | — | 59,588 | D | ||
| Common Stock, $.10 par value (SIP)F4 | holding | — | — | — | 133,902 | D | ||
| Common Stock, $.10 par valueF5 | holding | — | — | — | 13,802 | I | By 401k | |
| Common Stock, $.10 par valueF6 | holding | — | — | — | 24 | I | Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF7 | $18.48 | holding | — | — | — | Mar 7, 2013 | Feb 26, 2018 | Common Stock, $.10 par value | 20,000 | 20,000 | D |
| Stock OptionsF7 | $18.48 | holding | — | — | — | Apr 15, 2011 | Feb 26, 2018 | Common Stock, $.10 par value | 20,000 | 20,000 | D |
| Stock OptionsF7 | $18.48 | holding | — | — | — | Aug 1, 2013 | Feb 26, 2018 | Common Stock, $.10 par value | 20,000 | 20,000 | D |
| Stock OptionsF7 | $18.48 | holding | — | — | — | Nov 11, 2010 | Feb 26, 2018 | Common Stock, $.10 par value | 14,589 | 14,589 | D |
| Stock OptionsF7,F8 | $18.48 | holding | — | — | — | Nov 26, 2017 | Feb 26, 2018 | Common Stock, $.10 par value | 20,000 | 20,000 | D |
Explanation of responses
- F1A total of 955 were acquired through the Company's Employee Stock Purchase ("ESPP") in July 2014. Number of shares may vary due to dividend reinvestment.
- F2Owned jointly with spouse.
- F3These 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.
- F4These securities were granted pursuant ot the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performance-based conditions established in connection with this grant.
- F5Based upon information supplied by the plan recordkeeper as of January 27, 2015. Number of shares varies periodically based on contributions to plan.
- F6The 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
- F7Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- F8These options vest and become exercisable on November 26, 2017, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
Remarks
poalydecker.txt