Jeffrey D. Fick - Nov 17, 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
Chief Legal Officer
Signature
/s/ Jeffrey D. Fick
Stock symbol
RLI
Transactions as of
Nov 17, 2022
Transactions value $
-$471,428
Form type
4
Date filed
11/21/2022, 12:58 PM
Previous filing
Nov 2, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $128K +2K +3.46% $64.09 59.7K Nov 17, 2022 Direct F1
transaction RLI Common Stock Tax liability -$187K -1.44K -2.4% $130.20 58.3K Nov 17, 2022 Direct F1
transaction RLI Common Stock Options Exercise $408K +7.2K +12.35% $56.71 65.5K Nov 17, 2022 Direct F1
transaction RLI Common Stock Tax liability -$643K -4.94K -7.54% $130.20 60.6K Nov 17, 2022 Direct F1
transaction RLI Common Stock Options Exercise $379K +6K +9.91% $63.14 66.6K Nov 17, 2022 Direct F1
transaction RLI Common Stock Tax liability -$557K -4.28K -6.43% $130.20 62.3K Nov 17, 2022 Direct F1
holding RLI Common Stock 12.1K Nov 17, 2022 Employee Stock Ownership Plan 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 Options Exercise $0 -2K -100% $0.00* 0 Nov 17, 2022 Common Stock 2K $64.09 Direct F3
transaction RLI Stock Option Options Exercise $0 -7.2K -100% $0.00* 0 Nov 17, 2022 Common Stock 7.2K $56.71 Direct F3
transaction RLI Stock Option Options Exercise $0 -6K -40% $0.00 9K Nov 17, 2022 Common Stock 6K $63.14 Direct F3
holding RLI Stock Option 4.17K Nov 17, 2022 Common Stock 4.17K $97.64 Direct F3
holding RLI Stock Option 2K Nov 17, 2022 Common Stock 2K $104.85 Direct F3
holding RLI Stock Option 3.75K Nov 17, 2022 Common Stock 3.75K $116.60 Direct F3
holding RLI Stock Option 2K Nov 17, 2022 Common Stock 2K $113.02 Direct F3
holding RLI Stock Option 3.75K Nov 17, 2022 Common Stock 3.75K $110.56 Direct
holding RLI Stock Option 2K Nov 17, 2022 Common Stock 2K $108.07 Direct F3
holding RLI Stock Option 2K Nov 17, 2022 Common Stock 2K $110.02 Direct F3
holding RLI Stock Option 3.75K Nov 17, 2022 Common Stock 3.75K $132.98 Direct F3
holding RLI Stock Option 4.17K Nov 17, 2022 Common Stock 4.17K $89.28 Direct F3
holding RLI Stock Option 4.17K Nov 17, 2022 Common Stock 4.17K $93.24 Direct
holding RLI Stock Option 15K Nov 17, 2022 Common Stock 15K $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.