Craig W. Kliethermes - May 31, 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
President & CEO, Director
Signature
/s/ Craig W. Kliethermes
Stock symbol
RLI
Transactions as of
May 31, 2022
Transactions value $
-$315,587
Form type
4
Date filed
6/1/2022, 01:08 PM
Previous filing
May 9, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $192K +3K +5.7% $64.09 55.7K May 31, 2022 Direct F1
transaction RLI Common Stock Tax liability -$268K -2.21K -3.98% $121.12 53.5K May 31, 2022 Direct F1
transaction RLI Common Stock Options Exercise $476K +8.4K +15.71% $56.71 61.9K May 31, 2022 Direct F1
transaction RLI Common Stock Tax liability -$716K -5.91K -9.56% $121.12 56K May 31, 2022 Direct F1
holding RLI Common Stock 6.69K May 31, 2022 By Esop F2
holding RLI Common Stock 10.4K May 31, 2022 By Executive Deferred Comp 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 Options Exercise $0 -3K -100% $0.00* 0 May 31, 2022 Common Stock 3K $64.09 Direct F3
transaction RLI Stock Option Options Exercise $0 -8.4K -100% $0.00* 0 May 31, 2022 Common Stock 8.4K $56.71 Direct F3
holding RLI Stock Option 20K May 31, 2022 Common Stock 20K $93.24 Direct F3
holding RLI Stock Option 14K May 31, 2022 Common Stock 14K $113.02 Direct F3
holding RLI Stock Option 75K May 31, 2022 Common Stock 75K $116.60 Direct F3
holding RLI Stock Option 20K May 31, 2022 Common Stock 20K $63.14 Direct F3
holding RLI Stock Option 21K May 31, 2022 Common Stock 21K $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 Ownership reflects shares allocated to ESOP participant's account 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.