Michael Jonathan E - Feb 1, 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jonathan E. Michael
Stock symbol
RLI
Transactions as of
Feb 1, 2022
Transactions value $
$733,950
Form type
4
Date filed
2/2/2022, 03:52 PM
Previous filing
Feb 2, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 267K Feb 1, 2022 By Empl. Stock Ownership Plan F1
holding RLI Common Stock 57.8K Feb 1, 2022 By Trust F2
holding RLI Common Stock 20.5K Feb 1, 2022 Jonathan E. Michael Family Trust Number 2 F2
holding RLI Common Stock 143K Feb 1, 2022 By Key Employee Benefit Plan F2
holding RLI Common Stock 724K Feb 1, 2022 Direct 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 $734K +7K $104.85 7K Feb 1, 2022 Common Stock 7K $104.85 Direct F3
holding RLI Stock Option 13.3K Feb 1, 2022 Common Stock 13.3K $97.64 Direct F3
holding RLI Stock Option 7K Feb 1, 2022 Common Stock 7K $113.02 Direct F3
holding RLI Stock Option 7K Feb 1, 2022 Common Stock 7K $108.07 Direct F3
holding RLI Stock Option 13.3K Feb 1, 2022 Common Stock 13.3K $93.24 Direct F3
holding RLI Stock Option 7K Feb 1, 2022 Common Stock 7K $110.02 Direct F3
holding RLI Stock Option 13.3K Feb 1, 2022 Common Stock 13.3K $89.28 Direct F3
holding RLI Stock Option 12.5K Feb 1, 2022 Common Stock 12.5K $96.32 Direct F3
holding RLI Stock Option 2K Feb 1, 2022 Common Stock 2K $61.27 Direct F3
holding RLI Stock Option 1.75K Feb 1, 2022 Common Stock 1.75K $64.09 Direct F3
holding RLI Stock Option 1.75K Feb 1, 2022 Common Stock 1.75K $68.66 Direct F3
holding RLI Stock Option 1.75K Feb 1, 2022 Common Stock 1.75K $54.81 Direct F3
holding RLI Stock Option 3.5K Feb 1, 2022 Common Stock 3.5K $59.77 Direct F3
holding RLI Stock Option 6K Feb 1, 2022 Common Stock 6K $56.71 Direct F3
holding RLI Stock Option 6K Feb 1, 2022 Common Stock 6K $58.01 Direct F3
holding RLI Stock Option 6K Feb 1, 2022 Common Stock 6K $58.73 Direct F3
holding RLI Stock Option 15K Feb 1, 2022 Common Stock 15K $64.42 Direct F3
holding RLI Stock Option 13.8K Feb 1, 2022 Common Stock 13.8K $63.14 Direct F3
holding RLI Stock Option 13.8K Feb 1, 2022 Common Stock 13.8K $75.59 Direct F3
holding RLI Stock Option 13.8K Feb 1, 2022 Common Stock 13.8K $72.75 Direct F3
holding RLI Stock Option 13.8K Feb 1, 2022 Common Stock 13.8K $66.16 Direct F3
holding RLI Stock Option 12.5K Feb 1, 2022 Common Stock 12.5K $82.66 Direct F3
holding RLI Stock Option 12.5K Feb 1, 2022 Common Stock 12.5K $89.47 Direct F3
holding RLI Stock Option 12.5K Feb 1, 2022 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 Balance reflects annual company contributions and dividend reinvestment.
F2 Ownership reflects 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.