SEC FORM
4
SEC Form 4
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB APPROVAL |
OMB Number: |
3235-0287 |
Estimated average burden |
hours per response: |
0.5 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
BROWN & BROWN INC
[ BRO ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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Director |
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10% Owner |
X |
Officer (give title below) |
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Other (specify below) |
Executive Vice President |
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3. Date of Earliest Transaction
(Month/Day/Year) 07/28/2015
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
X |
Form filed by One Reporting Person |
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Form filed by More than One Reporting Person |
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
1. Title of Security (Instr.
3)
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2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
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4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock, $.10 par value |
07/28/2015 |
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M |
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22,000 |
A |
$18.48
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461,355
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D |
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Common Stock, $.10 par value |
07/28/2015 |
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M |
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22,000 |
A |
$18.48
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483,355
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D |
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Common Stock, $.10 par value |
07/28/2015 |
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M |
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16,589 |
A |
$18.48
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499,944
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D |
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Common Stock, $.10 par value |
07/28/2015 |
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M |
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16,589 |
A |
$18.48
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516,533
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D |
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Common Stock, $.10 par value |
07/28/2015 |
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F
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12,883 |
D |
$33.24
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503,650
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D |
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Common Stock, $.10 par value (PSP) |
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9,248
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D |
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Common Stock, $.10 par value (SIP) |
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118,365
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D |
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security (Instr.
3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
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5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
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8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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11. Nature of Indirect Beneficial Ownership (Instr.
4)
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Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Options
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$18.48
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07/28/2015 |
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M |
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22,000 |
03/07/2013 |
02/26/2018 |
Common Stock, $.10 par value |
22,000 |
$0.0000
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0.0000 |
D |
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Stock Options
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$18.48
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07/28/2015 |
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M |
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16,589 |
04/15/2011 |
02/26/2018 |
Common Stock, $.10 par value |
16,589 |
$0.0000
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0.0000 |
D |
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Stock Options
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$18.48
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07/28/2015 |
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M |
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22,000 |
08/01/2013 |
02/26/2018 |
Common Stock, $.10 par value |
22,000 |
$0.0000
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0.0000 |
D |
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Stock Options
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$18.48
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07/28/2015 |
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M |
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16,589 |
11/11/2010 |
02/26/2018 |
Common Stock, $.10 par value |
16,589 |
$0.0000
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0.0000 |
D |
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Stock Options |
$18.48
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11/26/2017 |
02/26/2018 |
Common Stock, $.10 par value |
22,000 |
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22,000
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D |
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Explanation of Responses: |
Remarks: |
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Robert W. Lloyd for Linda S. Downs per Power of Attorney |
07/30/2015 |
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** Signature of Reporting Person |
Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
LIMITED POWER OF ATTORNEY
This Statement confirms that the undersigned, Linda S. Downs (the "Insider"),
has authorized and designated
Robert W. Lloyd, Anthony M. Robinson, and Lisa M. Gayton, and each of them (each
of the foregoing is referred
to as an "Authorized Signer") to execute and file on the Insider's behalf any
and all Forms 3, 4 and 5
(including any amendments thereto) that the Insider may be required to file with
the United States Securities
and Exchange Commission as a result of the Insider's ownership of, and
transaction in, securities of
Brown & Brown, Inc. (the "Company"). The authority of the Authorized Signers
under this Confirming Statement
shall continue until the Insider is no longer required to file Forms 3, 4 and 5
with regard to the Insider's
ownership of, or transactions in, securities of the Company, unless revoked in
writing. The Insider
acknowledges that none of the Authorized Signers is assuming any of the
Insider's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.
Date:
Linda S. Downs