Elizabeth A. Vorsheck - Jan 20, 2022 Form 4 Insider Report for ERIE INDEMNITY CO (ERIE)

Role
Director, 10%+ Owner
Signature
Rebecca A. Buona, Power of Attorney
Stock symbol
ERIE
Transactions as of
Jan 20, 2022
Transactions value $
$0
Form type
4
Date filed
1/21/2022, 11:11 AM
Previous filing
Nov 1, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ERIE Class A Common Stock 69.7K Jan 20, 2022 Direct
holding ERIE Class A Common Stock 324K Jan 20, 2022 By Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck
holding ERIE Class A Common Stock 194K Jan 20, 2022 By Elizabeth Vorsheck Trustee Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99
holding ERIE Class A Common Stock 373K Jan 20, 2022 By Frank William Hirt 1989/1990 Trust For E. Vorsheck
holding ERIE Class A Common Stock 686 Jan 20, 2022 Elizabeth Vorsheck Trustee for the Elizabeth Vorsheck Revocable Trust 5/3/99
holding ERIE Class A Common Stock 3M Jan 20, 2022 VEIC Limited Partnership

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ERIE Directors' Deferred Compensation Share Credits Award $0 +78.2 +0.64% $0.00 12.3K Jan 20, 2022 Class A Common Stock 78.2 $0.00 Direct F1, F2, F3
holding ERIE Class B Common Stock 1.17K Jan 20, 2022 Class A Common Stock 2.81M $0.00 Contingent Beneficiary & Co-Trustee, Trust F4
holding ERIE Class B Common Stock 585 Jan 20, 2022 Class A Common Stock 1.4M $0.00 Contingent Beneficiary & Co-Trustee, Trust F4
holding ERIE Class B Common Stock 585 Jan 20, 2022 Class A Common Stock 1.4M $0.00 Primary Beneficiary & Co-Trustee, Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").
F2 Acquired pursuant to dividend reinvestment provisions of the Plan. The number of Share Credits credited to the account of the reporting person was determined in accordance with the Plan, based on the closing price of the Class A Common Stock on January 20, 2022.
F3 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.
F4 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.