Form 4 for BRO Brown & Brown
Accepted 2022-02-22 00:00:00 ET · period of report 2022-02-21 · accession 0001209191-22-011992 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-22 | 2022-02-21 | BRO | Walker Chris L | EVP, Pres. Programs Segment | A - Grant | $0.00 | +24.8K | 35.6K | +228% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.10 par value (2010 SIP) | 2022-02-21 | A | A | 22,872 | $0.00 | 91,586 | D | — | — | (F1) These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 SIP"). The initial grant was made on February 25, 2019, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 21, 2022, the Company confirmed the satisfaction of the performance-based conditions established in connection with this grant, and effective February 25, 2022, the Reporting Person will have voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of additional service-based conditions. (F2) These securities were granted pursuant to the 2010 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. |
| 2 | Common | Common Stock, $10 par value (2019 SIP) | 2022-02-21 | A | A | 1,889 | $0.00 | 35,628 | D | — | — | (F3) These restricted stock units were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). (F4) These securities were granted pursuant to the 2019 SIP. With respect to securities that are restricted stock awards, 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. With respect to securities that are restricted stock units, the Reporting Person has dividend equivalent entitlement, but shares will not be delivered until the satisfaction of service-based conditions or the Reporting Person's qualified retirement. |