Home > Insider Trading > Filing (0001127602-21-026083)

Filing Details

Accession Number:: 0001127602-21-026083
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-30 10:54:39
Reporting Period:: 2021-09-22

Accepted Time:: 2021-09-30 10:54:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
922621	Erie Indemnity Co	ERIE	Insurance Agents, Brokers & Service (6411)	250466020

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1396809	B Thomas Hagen	230 West 6Th Street Erie PA 16507-1319		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-09-22	400	$185.16	5,500	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	12,230	Indirect	Estate of Susan H. Hagen
Class A Common Stock	10,086,059	Indirect	Family L.P.
Class A Common Stock	6,658,800	Indirect	Susan Hagen Estate Settlement Trust

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00	9,600	4	Direct
Class A Common Stock	Class B Common Stock	$0.00	367,200	153	Indirect
Class A Common Stock	Class B Common Stock	$0.00	28,800	12	Indirect
Class A Common Stock	Directors' Deferred Compensation Share Credits	$0.00	12,070	12,070	Direct

Amount	Remaning Holdings	Nature of Ownership
9,600	4	Direct
367,200	153	Indirect
28,800	12	Indirect
12,070	12,070	Direct

Footnotes

These shares were owned by Erie Indemnity Company director and reporting person, Susan Hirt Hagen who died 6/15/15. By operation of law, her 6,658,800 Class A shares and 12 Class B shares held in a revocable trust passed to an irrevocable trust of which this reporting person became co-trustee, sharing voting and investment powers. The 12,230 Class A shares from Mrs. Hagen's Directors' Deferred Compensation Plan account were subsequently transferred by the Company to her estate for which this reporting person is co-executor, sharing voting and investment powers. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
These shares are held by the Hagen FLP of which the reporting person is a Limited Partner and the General Partner with the sole powers of investment and voting. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
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.
Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.