Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters.

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Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters.

Equity Compensation Plan Information

The following table sets forth information as of December 31, 2019, with respect to compensation plans under which the Company’s equity securities are authorized for issuance:

	A
Plan Category	Number of securities remaining available for future issuance under equity compensation plans(1)
Equity compensation plans approved by shareholders:
Brown & Brown, Inc. 2019 Stock Incentive Plan		9,515,603	(2)
Brown & Brown, Inc. 2010 Stock Incentive Plan		—
Brown & Brown, Inc. 1990 Employee Stock Purchase Plan		6,340,598
Brown & Brown, Inc. Performance Stock Plan		—
Total		15,856,201
Equity compensation plans not approved by shareholders		—

(1)	All of the shares available for future issuance under the Brown & Brown, Inc. Performance Stock Plan, and the Brown & Brown, Inc. 2019 Stock Incentive Plan may be issued in connection with options, warrants, rights, restricted stock, or other stock-based awards.

(2)	The payout for 1,629,618 shares of our outstanding performance-based restricted stock grants may be increased up to 200% of the target or decreased to zero, subject to the level of performance attained. The amount reflected in the table is calculated assuming the maximum payout for all restricted stock grants.

The information required by this item is incorporated herein by reference to the 2020 Proxy Statement under the heading “Security Ownership of Management and Certain Beneficial Owners.”

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