Craig W. Kliethermes - May 6, 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
President & COO, Director
Signature
/s/ Craig W. Kliethermes
Stock symbol
RLI
Transactions as of
May 6, 2021
Transactions value $
$3,164,560
Form type
4
Date filed
5/10/2021, 04:19 PM
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 111K May 6, 2021 Direct F1
holding RLI Common Stock 12.8K May 6, 2021 By Esop F2
holding RLI Common Stock 20.2K May 6, 2021 By Executive Deferred Comp 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 $3.16M +28K $113.02 28K May 6, 2021 Common Stock 28K $113.02 Direct F3
holding RLI Stock Option 40K May 6, 2021 Common Stock 40K $93.24 Direct F3
holding RLI Stock Option 6K May 6, 2021 Common Stock 6K $64.09 Direct F3
holding RLI Stock Option 16.8K May 6, 2021 Common Stock 16.8K $56.71 Direct F3
holding RLI Stock Option 40K May 6, 2021 Common Stock 40K $63.14 Direct F3
holding RLI Stock Option 35K May 6, 2021 Common Stock 35K $82.66 Direct F3
* 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 Ownership reflects shares allocated to ESOP participant's account 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.