Michael Jonathan E - Mar 19, 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
Chairman & CEO, Director
Signature
/s/ Jonathan E. Michael
Stock symbol
RLI
Transactions as of
Mar 19, 2021
Transactions value $
-$166,146
Form type
4
Date filed
5/10/2021, 04:23 PM
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Gift -$957K -8.54K -1.15% $112.16 733K Mar 19, 2021 Direct F1
holding RLI Common Stock 260K Mar 19, 2021 By Empl. Stock Ownership Plan F2
holding RLI Common Stock 56.4K Mar 19, 2021 By Trust F1
holding RLI Common Stock 20.9K Mar 19, 2021 Jonathan E. Michael Family Trust Number 2 F1
holding RLI Common Stock 140K Mar 19, 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 $791K +7K $113.02 7K May 6, 2021 Common Stock 7K $113.02 Direct F3
holding RLI Stock Option 13.3K Mar 19, 2021 Common Stock 13.3K $97.64 Direct F3
holding RLI Stock Option 13.3K Mar 19, 2021 Common Stock 13.3K $93.24 Direct F3
holding RLI Stock Option 13.3K Mar 19, 2021 Common Stock 13.3K $89.28 Direct F3
holding RLI Stock Option 12.5K Mar 19, 2021 Common Stock 12.5K $96.32 Direct F3
holding RLI Stock Option 2K Mar 19, 2021 Common Stock 2K $61.27 Direct F3
holding RLI Stock Option 1.75K Mar 19, 2021 Common Stock 1.75K $64.09 Direct F3
holding RLI Stock Option 1.75K Mar 19, 2021 Common Stock 1.75K $68.66 Direct F3
holding RLI Stock Option 1.75K Mar 19, 2021 Common Stock 1.75K $54.81 Direct F3
holding RLI Stock Option 3.5K Mar 19, 2021 Common Stock 3.5K $59.77 Direct F3
holding RLI Stock Option 6K Mar 19, 2021 Common Stock 6K $56.71 Direct F3
holding RLI Stock Option 6K Mar 19, 2021 Common Stock 6K $58.01 Direct F3
holding RLI Stock Option 6K Mar 19, 2021 Common Stock 6K $58.73 Direct F3
holding RLI Stock Option 15K Mar 19, 2021 Common Stock 15K $64.42 Direct F3
holding RLI Stock Option 13.8K Mar 19, 2021 Common Stock 13.8K $63.14 Direct F3
holding RLI Stock Option 13.8K Mar 19, 2021 Common Stock 13.8K $75.59 Direct F3
holding RLI Stock Option 13.8K Mar 19, 2021 Common Stock 13.8K $72.75 Direct F3
holding RLI Stock Option 13.8K Mar 19, 2021 Common Stock 13.8K $66.16 Direct F3
holding RLI Stock Option 12.5K Mar 19, 2021 Common Stock 12.5K $82.66 Direct F3
holding RLI Stock Option 12.5K Mar 19, 2021 Common Stock 12.5K $89.47 Direct F3
holding RLI Stock Option 12.5K Mar 19, 2021 Common Stock 12.5K $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.