P. Barrett Brown - Dec 31, 2021 Form 5 Insider Report for BROWN & BROWN, INC. (BRO)

Signature
/s/ Anthony M. Robinson, per power of attorney
Stock symbol
BRO
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/9/2022, 04:00 PM
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRO Common Stock, $.10 par value Gift $0 +2.4M $0.00 2.4M Nov 24, 2021 Charitable Lead Annuity Trust F1
transaction BRO Common Stock, $.10 par value Gift $0 -15.5K -0.64% $0.00 2.38M Dec 31, 2021 Charitable Lead Annuity Trust F1
transaction BRO Common Stock, $.10 par value Gift $0 +460 +0.04% $0.00 1.3M Nov 30, 2021 Direct F2
holding BRO Common Stock, $.10 par value 10.1K Dec 31, 2021 401k F3
holding BRO Common Stock, $.10 par value 2.32K Dec 31, 2021 Children F4
holding BRO Common Stock, $.10 par value (2010 SIP) 45.3K Dec 31, 2021 Direct F5
holding BRO Common Stock, $.10 par value (PSP) 2.16K Dec 31, 2021 Direct F6
holding BRO Common Stock, $10 par value (2019 SIP) 5.28K Dec 31, 2021 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and remainder beneficiary.
F2 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.
F3 Based upon information supplied by the plan record keeper as of December 31, 2021. Number of shares varied periodically based on contributions to the plan.
F4 Reporting person disclaims beneficial ownership of securities owned by children who share the Reporting person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
F5 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.
F6 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.
F7 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.