J. Ralph Borneman Jr - Feb 29, 2024 Form 4 Insider Report for ERIE INDEMNITY CO (ERIE)

Role: Director
Signature: Rebecca A. Buona, Power of Attorney
Stock symbol: ERIE
Transactions as of: Feb 29, 2024
Transactions value $: -$4,073,766
Form type: 4
Date filed: 3/1/2024, 09:23 AM
Previous filing: Feb 1, 2024
Next filing: Apr 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ERIE	Class A Common Stock	Sale	-$4.07M	-10K	-50%	$407.38	10K	Feb 29, 2024	J. Ralph Borneman, Jr. TTEE J. Ralph Borneman, Jr. Revocable Trust DTD 02/16/2015

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
holding	ERIE	Directors' Deferred Compensation Share Credits						19.3K	Feb 29, 2024	Class A Common Stock	19.3K	$0.00	Direct	F1, F2

* 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 Outside Directors' Deferred Compensation Plan.
F2	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.

Content

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.