Todd W. Bryant - 06 May 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
VP, CFO
Signature
/s/ Todd W. Bryant
Issuer symbol
RLI
Transactions as of
06 May 2021
Net transactions value
+$339,060
Form type
4
Filing time
10 May 2021, 16:09:49 UTC
Next filing
02 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 24,120 06 May 2021 Direct
holding RLI Common Stock 27,134 06 May 2021 Employee Stock Ownership Plan F1

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 RLI Stock Option Award $339,060 +3,000 $113.02 3,000 06 May 2021 Common Stock 3,000 $113.02 Direct F2
holding RLI Stock Option 5,000 06 May 2021 Common Stock 5,000 $97.64 Direct F2
holding RLI Stock Option 5,000 06 May 2021 Common Stock 5,000 $93.24 Direct F2
holding RLI Stock Option 5,000 06 May 2021 Common Stock 5,000 $89.28 Direct F2
holding RLI Stock Option 3,750 06 May 2021 Common Stock 3,750 $96.32 Direct F2
holding RLI Stock Option 1,800 06 May 2021 Common Stock 1,800 $64.09 Direct F2
holding RLI Stock Option 4,400 06 May 2021 Common Stock 4,400 $56.71 Direct F2
holding RLI Stock Option 9,000 06 May 2021 Common Stock 9,000 $63.14 Direct F2
holding RLI Stock Option 3,750 06 May 2021 Common Stock 3,750 $82.66 Direct F2
holding RLI Stock Option 3,750 06 May 2021 Common Stock 3,750 $89.47 Direct F2
holding RLI Stock Option 3,750 06 May 2021 Common Stock 3,750 $94.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance reflects annual company contributions and dividend reinvestment.
F2 Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.