Robert W. Lloyd - Jan 1, 2022 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role
EVP, Secy, General Counsel
Signature
/s/ Robert W. Lloyd
Stock symbol
BRO
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2022, 04:01 PM
Previous filing
May 7, 2021
Next filing
Feb 22, 2022

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 +14.2K +269.37% $0.00 19.5K Jan 1, 2022 Direct F1
holding BRO Common Stock, $.10 par value (2010 SIP) 44K Jan 1, 2022 Direct F2
holding BRO Common Stock, $.10 par value 31.5K Jan 1, 2022 Direct F3
holding BRO Common Stock, $.10 par value (PSP) 21K Jan 1, 2022 Direct F4
* 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.
F4 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 these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.