SEC Form 4 · accession 0001540037-17-000003
BROWN & BROWN, INC. · BRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris L Walker
Officer — EVP and Pres. Programs Div.
Period of report
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 4:57 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 value (SIP)F1,F2 | Feb 24, 2017 | A | 2,896 | $0.00 | A | 40,576 | D | |
| Common Stock, $.10 par valueF3 | holding | — | — | — | 3,915 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of service-based conditions.
- F2This amount does not include 37,221 shares that were granted on July 1,2013 pursuant to the SIP that have not yet satisfied the performance-based conditions established in connection with this grant.
- F3A 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.