Seth A. Davis - May 6, 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
Vice President, Controller
Signature
/s/ Seth Anthony Davis
Stock symbol
RLI
Transactions as of
May 6, 2021
Transactions value $
$16,953
Form type
4
Date filed
5/10/2021, 04:12 PM
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 300 May 6, 2021 Direct
holding RLI Common Stock 4.61K May 6, 2021 RLI Corp. Executive Deferred Compensation Plan F1
holding RLI Common Stock 13.3K May 6, 2021 RLI Corp. Employee Stock Ownership Plan F2

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 $0 +4K $0.00 4K May 6, 2021 Common Stock 4K $113.02 Direct F3
transaction RLI Restricted Stock Unit Award $17K +150 $113.02 150 May 6, 2021 Common Stock 150 Direct F4, F5
holding RLI Stock Option 9K May 6, 2021 Common Stock 9K $38.21 Direct F3, F6
holding RLI Stock Option 9K May 6, 2021 Common Stock 9K $47.61 Direct F3, F6
holding RLI Stock Option 6K May 6, 2021 Common Stock 6K $64.09 Direct F3
holding RLI Stock Option 9K May 6, 2021 Common Stock 9K $56.71 Direct F3
holding RLI Stock Option 7K May 6, 2021 Common Stock 7K $63.14 Direct F3
holding RLI Stock Option 6K May 6, 2021 Common Stock 6K $82.66 Direct F3
holding RLI Stock Option 5K May 6, 2021 Common Stock 5K $93.24 Direct F3
holding RLI Restricted Stock Unit 250 May 6, 2021 Common Stock 250 Direct F4, F7
holding RLI Restricted Stock Unit 200 May 6, 2021 Common Stock 200 Direct F4, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership reflects dividend reinvestment
F2 Balance reflects annual company contributions and dividend reinvestment.
F3 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.
F4 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F5 These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.
F6 Exercise price reflects prior adjustments as a result of special dividends.
F7 These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.