ERIE INDEMNITY CO 4

Accession 0001127602-15-003664

$ERIECIK 0000922621operating

View on SEC.gov Company Profile

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 2:44 PM ET

Size

15.4 KB

Accession

0001127602-15-003664

Insider Transaction Report

Form 4

Period: 2015-02-02

ERIE INDEMNITY COERIE

HAGEN SUSAN HIRT

Director

Transactions

Other
Directors' Deferred Compensation Phantom Units
2015-02-02$86.66/sh+178.648$15,482→ 11,762.186 total
Exercise: $0.00→ Class A Common Stock (178.648 underlying)

Holdings

Class A Common Stock
6,658,800
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (28,800 underlying)
12
Class B Common Stock
(indirect: By Trust)
Exercise: $0.00→ Class A Common Stock (2,808,000 underlying)
1,170
Class B Common Stock
(indirect: By Trust)
Exercise: $0.00→ Class A Common Stock (2,808,000 underlying)
1,170

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 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

2 files

Issuer

ERIE INDEMNITY CO

CIK 0000922621

→

Entity typeoperating

IncorporatedPA

Related Parties

filerCIK 0000922621

Filing Metadata

Form type: 4
Filed: Feb 1, 7:00 PM ET
Accepted: Feb 2, 2:44 PM ET
Size: 15.4 KB

View on SEC.gov