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
Net 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

Quoteable Key Fact

"MICHAEL JONATHAN E filed Form 4 for RLI CORP (RLI) on 10 May 2021."

Quick Takeaways

This page summarizes MICHAEL JONATHAN E's Form 4 filing for RLI CORP (RLI).
2 reported transactions and 21 derivative rows are listed below.
Filing timestamp: 10 May 2021, 16:23.

What Changed

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$166,146.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

RLI transaction

Common Stock

Gift

Transaction value: $957,286
Shares: -8,535
Change %: -1.2%
Price: $112.16
Shares after: 733,349
Date: 19 Mar 2021
Ownership: Direct
Footnotes: F1

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 260,099
Date: 19 Mar 2021
Ownership: By Empl. Stock Ownership Plan
Footnotes: F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 56,399
Date: 19 Mar 2021
Ownership: By Trust
Footnotes: F1

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 20,935
Date: 19 Mar 2021
Ownership: Jonathan E. Michael Family Trust Number 2
Footnotes: F1

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 139,747
Date: 19 Mar 2021
Ownership: By Key Employee Benefit Plan
Footnotes: F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

RLI transaction Derivative

Stock Option

Award

Transaction value: $791,140
Shares: +7,000
Change %
Price: $113.02
Shares after: 7,000
Date: 06 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,000
Exercise price: $113.02
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,334
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,334
Exercise price: $97.64
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,333
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,333
Exercise price: $93.24
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,333
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,333
Exercise price: $89.28
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $96.32
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,000
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000
Exercise price: $61.27
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $64.09
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $68.66
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $54.81
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,500
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,500
Exercise price: $59.77
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $56.71
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $58.01
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $58.73
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $64.42
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $63.14
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $75.59
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $72.75
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $66.16
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $82.66
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $89.47
Footnotes: F3

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 19 Mar 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $94.62
Footnotes: 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.