MICHAEL JONATHAN E - 05 Aug 2021 Form 4 Insider Report for RLI CORP (RLI)

Reporting relationship: Chairman & CEO, Director
Issuer ticker: RLI
Reported as of: 05 Aug 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Nov 2021, 15:20:54 UTC
Prior SEC filing: 05 Aug 2021
Next SEC filing: 27 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Jonathan E. Michael

Key filing fact

MICHAEL JONATHAN E filed Form 4 for RLI CORP (RLI) on 02 Nov 2021.

Key facts

This page summarizes MICHAEL JONATHAN E's Form 4 filing for RLI CORP (RLI).
3 reported transactions and 23 derivative rows are listed below.
Accepted by SEC: 02 Nov 2021, 15:20.

Change

Previous filing in this sequence was filed on 05 Aug 2021.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RLI transaction

Common Stock

Other

Transaction value: $65,269
Shares: -603
Change %: -2.9%
Price: $108.24
Shares after: 20,383
Date: 05 Aug 2021
Ownership: Jonathan E. Michael Family Trust Number 2
Footnotes: F1, F2

RLI transaction

Common Stock

Other

Transaction value: $65,269
Shares: +603
Change %: +0.08%
Price: $108.24
Shares after: 733,952
Date: 05 Aug 2021
Ownership: Direct
Footnotes: F1, F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 261,372
Date: 05 Aug 2021
Ownership: By Empl. Stock Ownership Plan
Footnotes: F3

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 56,676
Date: 05 Aug 2021
Ownership: By Trust
Footnotes: F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 05 Aug 2021
Ownership: Jonathan E. Michael Family Trust Number 1
Footnotes: F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 05 Aug 2021
Ownership: J.E. Michael 2009 Grantor Retained Annuity Trust Dtd 02/24/09

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 05 Aug 2021
Ownership: J.E. Michael 2011 Grantor Retained Annuity Trust Dtd 08/02/11
Footnotes: F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 05 Aug 2021
Ownership: J.E. Michael 2012 Grantor Retained Annuity Trust Dtd 07/24/12
Footnotes: F2

RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 140,435
Date: 05 Aug 2021
Ownership: By Key Employee Benefit Plan
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RLI transaction Derivative

Stock Option

Award

Transaction value: $0
Shares: +7,000
Change %
Price: $0.000000
Shares after: 7,000
Date: 01 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,000
Exercise price: $110.02
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,334
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,334
Exercise price: $97.64
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,000
Exercise price: $113.02
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,000
Exercise price: $108.07
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,333
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,333
Exercise price: $93.24
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,333
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,333
Exercise price: $89.28
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $96.32
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000
Exercise price: $61.27
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $64.09
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $68.66
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,750
Exercise price: $54.81
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,500
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,500
Exercise price: $59.77
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $56.71
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $58.01
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $58.73
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $64.42
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $63.14
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $75.59
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $72.75
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,750
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,750
Exercise price: $66.16
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $82.66
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $89.47
Footnotes: F4

RLI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,500
Date: 05 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500
Exercise price: $94.62
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares transferred from the Jonathan E. Michael Family Trust 2 to Jonathan E. Michael, Trustee

Footnote F2

Ownership reflects dividend reinvestment

Footnote F3

Balance reflects annual company contributions and dividend reinvestment.

Footnote F4

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.