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

Role
President & CEO, Director
Signature
/s/ Craig W. Kliethermes
Issuer symbol
RLI
Transactions as of
31 May 2022
Net transactions value
-$315,587
Form type
4
Filing time
01 Jun 2022, 13:08:34 UTC
Previous filing
09 May 2022
Next filing
29 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $192,270 +3,000 +5.7% $64.09 55,677 31 May 2022 Direct F1
transaction RLI Common Stock Tax liability $268,160 -2,214 -4% $121.12 53,463 31 May 2022 Direct F1
transaction RLI Common Stock Options Exercise $476,364 +8,400 +16% $56.71 61,863 31 May 2022 Direct F1
transaction RLI Common Stock Tax liability $716,061 -5,912 -9.6% $121.12 55,951 31 May 2022 Direct F1
holding RLI Common Stock 6,687 31 May 2022 By Esop F2
holding RLI Common Stock 10,359 31 May 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 -3,000 -100% $0.000000* 0 31 May 2022 Common Stock 3,000 $64.09 Direct F3
transaction RLI Stock Option Options Exercise $0 -8,400 -100% $0.000000* 0 31 May 2022 Common Stock 8,400 $56.71 Direct F3
holding RLI Stock Option 20,000 31 May 2022 Common Stock 20,000 $93.24 Direct F3
holding RLI Stock Option 14,000 31 May 2022 Common Stock 14,000 $113.02 Direct F3
holding RLI Stock Option 75,000 31 May 2022 Common Stock 75,000 $116.60 Direct F3
holding RLI Stock Option 20,000 31 May 2022 Common Stock 20,000 $63.14 Direct F3
holding RLI Stock Option 21,000 31 May 2022 Common Stock 21,000 $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.