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

Signature
/s/ Jonathan E. Michael
Issuer symbol
RLI
Transactions as of
05 Aug 2021
Net transactions value
$0
Form type
4
Filing time
02 Nov 2021, 15:20:54 UTC
Previous filing
05 Aug 2021
Next filing
27 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Other $65,269 -603 -2.9% $108.24 20,383 05 Aug 2021 Jonathan E. Michael Family Trust Number 2 F1, F2
transaction RLI Common Stock Other $65,269 +603 +0.08% $108.24 733,952 05 Aug 2021 Direct F1, F2
holding RLI Common Stock 261,372 05 Aug 2021 By Empl. Stock Ownership Plan F3
holding RLI Common Stock 56,676 05 Aug 2021 By Trust F2
holding RLI Common Stock 0 05 Aug 2021 Jonathan E. Michael Family Trust Number 1 F2
holding RLI Common Stock 0 05 Aug 2021 J.E. Michael 2009 Grantor Retained Annuity Trust Dtd 02/24/09
holding RLI Common Stock 0 05 Aug 2021 J.E. Michael 2011 Grantor Retained Annuity Trust Dtd 08/02/11 F2
holding RLI Common Stock 0 05 Aug 2021 J.E. Michael 2012 Grantor Retained Annuity Trust Dtd 07/24/12 F2
holding RLI Common Stock 140,435 05 Aug 2021 By Key Employee Benefit Plan F2

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 $0 +7,000 $0.000000 7,000 01 Nov 2021 Common Stock 7,000 $110.02 Direct F4
holding RLI Stock Option 13,334 05 Aug 2021 Common Stock 13,334 $97.64 Direct F4
holding RLI Stock Option 7,000 05 Aug 2021 Common Stock 7,000 $113.02 Direct F4
holding RLI Stock Option 7,000 05 Aug 2021 Common Stock 7,000 $108.07 Direct F4
holding RLI Stock Option 13,333 05 Aug 2021 Common Stock 13,333 $93.24 Direct F4
holding RLI Stock Option 13,333 05 Aug 2021 Common Stock 13,333 $89.28 Direct F4
holding RLI Stock Option 12,500 05 Aug 2021 Common Stock 12,500 $96.32 Direct F4
holding RLI Stock Option 2,000 05 Aug 2021 Common Stock 2,000 $61.27 Direct F4
holding RLI Stock Option 1,750 05 Aug 2021 Common Stock 1,750 $64.09 Direct F4
holding RLI Stock Option 1,750 05 Aug 2021 Common Stock 1,750 $68.66 Direct F4
holding RLI Stock Option 1,750 05 Aug 2021 Common Stock 1,750 $54.81 Direct F4
holding RLI Stock Option 3,500 05 Aug 2021 Common Stock 3,500 $59.77 Direct F4
holding RLI Stock Option 6,000 05 Aug 2021 Common Stock 6,000 $56.71 Direct F4
holding RLI Stock Option 6,000 05 Aug 2021 Common Stock 6,000 $58.01 Direct F4
holding RLI Stock Option 6,000 05 Aug 2021 Common Stock 6,000 $58.73 Direct F4
holding RLI Stock Option 15,000 05 Aug 2021 Common Stock 15,000 $64.42 Direct F4
holding RLI Stock Option 13,750 05 Aug 2021 Common Stock 13,750 $63.14 Direct F4
holding RLI Stock Option 13,750 05 Aug 2021 Common Stock 13,750 $75.59 Direct F4
holding RLI Stock Option 13,750 05 Aug 2021 Common Stock 13,750 $72.75 Direct F4
holding RLI Stock Option 13,750 05 Aug 2021 Common Stock 13,750 $66.16 Direct F4
holding RLI Stock Option 12,500 05 Aug 2021 Common Stock 12,500 $82.66 Direct F4
holding RLI Stock Option 12,500 05 Aug 2021 Common Stock 12,500 $89.47 Direct F4
holding RLI Stock Option 12,500 05 Aug 2021 Common Stock 12,500 $94.62 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares transferred from the Jonathan E. Michael Family Trust 2 to Jonathan E. Michael, Trustee
F2 Ownership reflects dividend reinvestment
F3 Balance reflects annual company contributions and dividend reinvestment.
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.