MICHAEL JONATHAN E - 01 Feb 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jonathan E. Michael
Issuer symbol
RLI
Transactions as of
01 Feb 2022
Net transactions value
+$733,950
Form type
4
Filing time
02 Feb 2022, 15:52:37 UTC
Previous filing
02 Feb 2022
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 266,758 01 Feb 2022 By Empl. Stock Ownership Plan F1
holding RLI Common Stock 57,846 01 Feb 2022 By Trust F2
holding RLI Common Stock 20,480 01 Feb 2022 Jonathan E. Michael Family Trust Number 2 F2
holding RLI Common Stock 143,333 01 Feb 2022 By Key Employee Benefit Plan F2
holding RLI Common Stock 723,952 01 Feb 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 $733,950 +7,000 $104.85 7,000 01 Feb 2022 Common Stock 7,000 $104.85 Direct F3
holding RLI Stock Option 13,334 01 Feb 2022 Common Stock 13,334 $97.64 Direct F3
holding RLI Stock Option 7,000 01 Feb 2022 Common Stock 7,000 $113.02 Direct F3
holding RLI Stock Option 7,000 01 Feb 2022 Common Stock 7,000 $108.07 Direct F3
holding RLI Stock Option 13,333 01 Feb 2022 Common Stock 13,333 $93.24 Direct F3
holding RLI Stock Option 7,000 01 Feb 2022 Common Stock 7,000 $110.02 Direct F3
holding RLI Stock Option 13,333 01 Feb 2022 Common Stock 13,333 $89.28 Direct F3
holding RLI Stock Option 12,500 01 Feb 2022 Common Stock 12,500 $96.32 Direct F3
holding RLI Stock Option 2,000 01 Feb 2022 Common Stock 2,000 $61.27 Direct F3
holding RLI Stock Option 1,750 01 Feb 2022 Common Stock 1,750 $64.09 Direct F3
holding RLI Stock Option 1,750 01 Feb 2022 Common Stock 1,750 $68.66 Direct F3
holding RLI Stock Option 1,750 01 Feb 2022 Common Stock 1,750 $54.81 Direct F3
holding RLI Stock Option 3,500 01 Feb 2022 Common Stock 3,500 $59.77 Direct F3
holding RLI Stock Option 6,000 01 Feb 2022 Common Stock 6,000 $56.71 Direct F3
holding RLI Stock Option 6,000 01 Feb 2022 Common Stock 6,000 $58.01 Direct F3
holding RLI Stock Option 6,000 01 Feb 2022 Common Stock 6,000 $58.73 Direct F3
holding RLI Stock Option 15,000 01 Feb 2022 Common Stock 15,000 $64.42 Direct F3
holding RLI Stock Option 13,750 01 Feb 2022 Common Stock 13,750 $63.14 Direct F3
holding RLI Stock Option 13,750 01 Feb 2022 Common Stock 13,750 $75.59 Direct F3
holding RLI Stock Option 13,750 01 Feb 2022 Common Stock 13,750 $72.75 Direct F3
holding RLI Stock Option 13,750 01 Feb 2022 Common Stock 13,750 $66.16 Direct F3
holding RLI Stock Option 12,500 01 Feb 2022 Common Stock 12,500 $82.66 Direct F3
holding RLI Stock Option 12,500 01 Feb 2022 Common Stock 12,500 $89.47 Direct F3
holding RLI Stock Option 12,500 01 Feb 2022 Common Stock 12,500 $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.