Aaron P. Diefenthaler - 05 May 2022 Form 4 Insider Report for RLI CORP (RLI)

Signature
/s/ Aaron Paul Diefenthaler
Issuer symbol
RLI
Transactions as of
05 May 2022
Net transactions value
$0
Form type
4
Filing time
09 May 2022, 16:46:11 UTC
Previous filing
06 Jul 2022
Next filing
07 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 21,251 05 May 2022 Direct F1
holding RLI Common Stock 3,723 05 May 2022 Employee Stock Ownership Plan - ESOP F2
holding RLI Common Stock 1,359 05 May 2022 By Executive Deferred Compensation F1

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 +19,000 $0.000000 19,000 05 May 2022 Common Stock 19,000 $116.60 Direct F3
holding RLI Stock Option 12,500 05 May 2022 Common Stock 12,500 $93.24 Direct F3
holding RLI Stock Option 8,000 05 May 2022 Common Stock 8,000 $113.02 Direct F3
holding RLI Stock Option 12,000 05 May 2022 Common Stock 12,000 $47.61 Direct F3, F4
holding RLI Stock Option 9,000 05 May 2022 Common Stock 9,000 $64.09 Direct F3
holding RLI Stock Option 11,000 05 May 2022 Common Stock 11,000 $56.71 Direct F3
holding RLI Stock Option 9,000 05 May 2022 Common Stock 9,000 $63.14 Direct F3
holding RLI Stock Option 7,500 05 May 2022 Common Stock 7,500 $82.66 Direct 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.
F4 Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.