secwatch.observer — SEC 8-K summary
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Issuer:     ERIE INDEMNITY CO (ERIE)
CIK:        0000922621
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0000922621-22-000003
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Erie Indemnity EVP & CIO Ingram retires; retirement agreement formalizes pro-rated LTIP awards
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- Robert C. Ingram III retired as EVP and Chief Information Officer effective Dec. 31, 2021.
- Receives 100% of 2021 AIP award (company and individual target) and 100% of 2019-2021 LTIP award.
- Receives 66.67% prorated award for 2020-2022 LTIP and 33.33% for 2021-2023 LTIP.
- Agreement includes non-disparagement, 6-month restrictive covenant through June 30, 2022, and cooperation obligation.
- Legal fees reimbursed up to $5,000; release of claims required by Jan. 21, 2022 for certain payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922621/000092262122000003/0000922621-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922621/000092262122000003/erie-20211230.htm
  HTML page:      https://secwatch.observer/filing/0000922621-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer