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

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

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.