R. Andrew Watts - Jan 1, 2022 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role: EVP, CFO and Treasurer
Signature: /s/ R. Andrew Watts
Stock symbol: BRO
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/3/2022, 04:00 PM
Previous filing: Feb 10, 2022
Next filing: Feb 23, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $10 par value (2019 SIP)	Award	$0	+28.5K	+346.7%	$0.00	36.7K	Jan 1, 2022	Direct	F1
holding	BRO	Common Stock, $.10 par value (2010 SIP)						75.4K	Jan 1, 2022	Direct	F2
holding	BRO	Common Stock, $.10 par value						118K	Jan 1, 2022	Direct	F3

Showing 1 to 3 of 3 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 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.
F2	These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("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.
F3	A total of 549 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2021. Number of shares may vary due to dividend reinvestment.