Seth A. Davis - Dec 31, 2022 Form 5 Insider Report for RLI CORP (RLI)

Role
Vice President, Controller
Signature
/s/ Seth Anthony Davis
Stock symbol
RLI
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/1/2023, 04:14 PM
Previous filing
May 9, 2022
Next filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 3.81K Dec 31, 2022 Direct
holding RLI Common Stock 5.03K Dec 31, 2022 RLI Corp. Executive Deferred Compensation Plan F1
holding RLI Common Stock 14K Dec 31, 2022 RLI Corp. 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
holding RLI Stock Option 9K Dec 31, 2022 Common Stock 9K $40.61 Direct F3, F4, F5
holding RLI Stock Option 6K Dec 31, 2022 Common Stock 6K $57.09 Direct F4, F5
holding RLI Stock Option 9K Dec 31, 2022 Common Stock 9K $49.71 Direct F4, F5
holding RLI Stock Option 7K Dec 31, 2022 Common Stock 7K $56.14 Direct F4, F5
holding RLI Stock Option 6K Dec 31, 2022 Common Stock 6K $75.66 Direct F4, F5
holding RLI Stock Option 5K Dec 31, 2022 Common Stock 5K $86.24 Direct F4, F5
holding RLI Stock Option 4K Dec 31, 2022 Common Stock 4K $106.02 Direct F4, F5
holding RLI Restricted Stock Unit 150 Dec 31, 2022 Common Stock 150 Direct F6, F7
holding RLI Restricted Stock Unit 150 Dec 31, 2022 Common Stock 150 Direct F6, F8
holding RLI Stock Option 4K Dec 31, 2022 Common Stock 4K $109.60 Direct F4, F5
holding RLI Restricted Stock Unit 200 Dec 31, 2022 Common Stock 200 Direct F6, F7, F8
* 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 Exercise price reflects prior adjustments as a result of special dividends.
F4 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F5 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.
F6 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F7 These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.
F8 These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.