A total of 1,166 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2013. Number of shares may vary due to dividend reinvestment.
These 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.
Reporting Person disclaims beneficial ownership in shares owned by Spouse of Reporting Person.
Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Brown & Brown next reports earnings on January 27, 2014.
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Other recent filings from the company include the following:
Brown & Brown's Sr. VP and CFO just disposed of 19,316 shares - March 6, 2014
Brown & Brown's Vice President just disposed of 60 shares - March 3, 2014