4//SEC Filing
ERIE INDEMNITY CO 4
Accession 0001127602-14-030093
$ERIECIK 0000922621operating
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 4:02 PM ET
Size
13.4 KB
Accession
0001127602-14-030093
Insider Transaction Report
Form 4
HAGEN SUSAN HIRT
Director
Transactions
- Other
Directors' Deferred Compensation Phantom Units
2014-10-20$80.21/sh+93.068$7,465→ 11,313.049 totalExercise: $0.00→ Class A Common Stock (93.068 underlying)
Holdings
- 12
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (28,800 underlying) - 1,170(indirect: By Trust)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (2,808,000 underlying) - 1,170(indirect: By Trust)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (2,808,000 underlying) - 6,658,800
Class A Common Stock
Footnotes (8)
- [F1](a) 6,658,500 of these shares are held in a Grantor and Beneficiary, Revocable Trust (b) The reporting person's husband, Thomas B. Hagen, an ERIE Director, disclaims beneficial ownership of these shares, and the reporting person herself disclaims beneficial ownership of any Class A and Class B shares owned directly or indirectly by her husband, including any Class A and Class B shares held by the Hagen FLP of which the reporting person is a limited partner.
- [F2]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- [F3]Acquired under dividend reinvestment for Directors' Deferred Compensation Plan
- [F4]The shares subject to this reporting are phantom Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors Stock Plan. These Credit Shares are actually paid to the reporting individual in shares of Erie Indemnity Company Class A Common Stock when their service as a Director of Erie Indemnity Company ends. There is no exercisable date for these securities.
- [F5]The shares subject to this reporting are phantom Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors Stock Plan. These Credit Shares are actually paid to the reporting individual in shares of Erie Indemnity Company Class A Common Stock when their service as a Director of Erie Indemnity Company ends. There is no expiration date for these securities.
- [F6]The reporting person's husband, Thomas B. Hagen, an ERIE Director, disclaims beneficial ownership of these shares, and the reporting person herself disclaims beneficial ownership of any Class A and Class B shares owned directly or indirectly by her husband, including any Class A and Class B shares held by the Hagen FLP of which the reporting person is a limited partner.
- [F7]Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
- [F8](a) The reporting person's husband, Thomas B. Hagen, an ERIE Director, disclaims beneficial ownership of these shares, and the reporting person herself disclaims beneficial ownership of any Class A and Class B shares owned directly or indirectly by her husband, including any Class A and Class B shares held by the Hagen FLP of which the reporting person is a limited partner. (b) Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
Documents
Issuer
ERIE INDEMNITY CO
CIK 0000922621
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000922621
Filing Metadata
- Form type
- 4
- Filed
- Oct 19, 8:00 PM ET
- Accepted
- Oct 20, 4:02 PM ET
- Size
- 13.4 KB