Calvin Butler Jr - Jul 29, 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jeffrey D. Fick, attorney-in-fact for Mr. Butler
Stock symbol
RLI
Transactions as of
Jul 29, 2022
Transactions value $
$13,125
Form type
4
Date filed
8/1/2022, 04:21 PM
Previous filing
May 9, 2022
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Other $13.1K +119 +1.19% $109.98 10.1K Jul 29, 2022 by Directors' Trust F1, F2
holding RLI Common Stock 681 Jul 29, 2022 Direct F3

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
holding RLI Restricted Stock Unit 643 Jul 29, 2022 Common Stock 643 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
F2 Ownership reflects dividend reinvestment
F3 Adjustment to reflect that Restricted Stock Unit award plus dividend equivalents were directly owned after vesting. No changes to overall beneficial ownership.
F4 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F5 These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.