UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Cory T. Walker
220 S. Ridgewood Ave.
Daytona Beach, FL 32114
USA
2. Issuer Name and Ticker or Trading Symbol
Brown & Brown (BRO)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
December 31, 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chief Financial Officer, Vice President & Treasurer
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
____________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
____________________________________________________________________________________________________________________________|
1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
____________________________________________________________________________________________________________________________|
Common Stock | | | | | |7,796*(1) |D | Joint w/Spouse |
| | | | | | | | |
- ----------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | |6,600* |I | IRA Account Joint |
| | | | | | | | |
- ----------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | |31,056*(2) |I | Stock |
| | | | | | | | Performance Plan |
- ----------------------------------------------------------------------------------------------------------------------------|
Common Stock | | | | | |7,118*(3) |I |401(k) Plan |
| | | | | | | | |
- ----------------------------------------------------------------------------------------------------------------------------|
* All amounts shown reflect a two-for-one stock split effected August 23, 2000.
____________________________________________________________________________________________________________________________|
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
___________________________________________________________________________________________________________________________________|
None. | | | | | | | | | | | | | |
| | | | | | | | | | | | | |
___________________________________________________________________________________________________________________________________|
Explanation of Responses:
(1) Acquired through the Company's Employee Stock Purchase Plan.
Number of shares may reflect reinvested dividends.
(2) These securities were awarded at various dates pursuant to
the Company's Stock Performance Plan based upon the
satisfaction of conditions contained in that Plan.
The recipient has voting rights and dividend entitlement
with respect to these shares, but full ownership will not
vest until the satisfaction of additional conditions.
(3) Based upon information supplied as of 12/31/00 by the
Plan's recordkeeper. Number of shares varies periodically
based on contributions to plan.
SIGNATURE OF REPORTING PERSON
/s/ Cory T. Walker
DATE
February 14, 2001
