MICHAEL JONATHAN E - 19 Mar 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
Chairman & CEO, Director
Signature
/s/ Jonathan E. Michael
Issuer symbol
RLI
Transactions as of
19 Mar 2021
Transactions value $
-$166,146
Form type
4
Filing time
10 May 2021, 16:23:06 UTC
Next filing
20 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Gift -$957,285 -8,535 -1.15% $112.16 733,349 19 Mar 2021 Direct F1
holding RLI Common Stock 260,098 19 Mar 2021 By Empl. Stock Ownership Plan F2
holding RLI Common Stock 56,398 19 Mar 2021 By Trust F1
holding RLI Common Stock 20,935 19 Mar 2021 Jonathan E. Michael Family Trust Number 2 F1
holding RLI Common Stock 139,747 19 Mar 2021 By Key Employee Benefit 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 $791,140 +7,000 $113.02 7,000 06 May 2021 Common Stock 7,000 $113.02 Direct F3
holding RLI Stock Option 13,334 19 Mar 2021 Common Stock 13,334 $97.64 Direct F3
holding RLI Stock Option 13,333 19 Mar 2021 Common Stock 13,333 $93.24 Direct F3
holding RLI Stock Option 13,333 19 Mar 2021 Common Stock 13,333 $89.28 Direct F3
holding RLI Stock Option 12,500 19 Mar 2021 Common Stock 12,500 $96.32 Direct F3
holding RLI Stock Option 2,000 19 Mar 2021 Common Stock 2,000 $61.27 Direct F3
holding RLI Stock Option 1,750 19 Mar 2021 Common Stock 1,750 $64.09 Direct F3
holding RLI Stock Option 1,750 19 Mar 2021 Common Stock 1,750 $68.66 Direct F3
holding RLI Stock Option 1,750 19 Mar 2021 Common Stock 1,750 $54.81 Direct F3
holding RLI Stock Option 3,500 19 Mar 2021 Common Stock 3,500 $59.77 Direct F3
holding RLI Stock Option 6,000 19 Mar 2021 Common Stock 6,000 $56.71 Direct F3
holding RLI Stock Option 6,000 19 Mar 2021 Common Stock 6,000 $58.01 Direct F3
holding RLI Stock Option 6,000 19 Mar 2021 Common Stock 6,000 $58.73 Direct F3
holding RLI Stock Option 15,000 19 Mar 2021 Common Stock 15,000 $64.42 Direct F3
holding RLI Stock Option 13,750 19 Mar 2021 Common Stock 13,750 $63.14 Direct F3
holding RLI Stock Option 13,750 19 Mar 2021 Common Stock 13,750 $75.59 Direct F3
holding RLI Stock Option 13,750 19 Mar 2021 Common Stock 13,750 $72.75 Direct F3
holding RLI Stock Option 13,750 19 Mar 2021 Common Stock 13,750 $66.16 Direct F3
holding RLI Stock Option 12,500 19 Mar 2021 Common Stock 12,500 $82.66 Direct F3
holding RLI Stock Option 12,500 19 Mar 2021 Common Stock 12,500 $89.47 Direct F3
holding RLI Stock Option 12,500 19 Mar 2021 Common Stock 12,500 $94.62 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 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.