Aaron P. Diefenthaler - 31 Dec 2022 Form 5 Insider Report for RLI CORP (RLI)

Signature
/s/ Aaron Paul Diefenthaler
Issuer symbol
RLI
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
01 Feb 2023, 17:30:17 UTC
Previous filing
07 Dec 2022
Next filing
08 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 25,733 31 Dec 2022 Direct F1
holding RLI Common Stock 3,946 31 Dec 2022 Employee Stock Ownership Plan - ESOP F2
holding RLI Common Stock 1,442 31 Dec 2022 By Executive Deferred Compensation 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
holding RLI Stock Option 12,500 31 Dec 2022 Common Stock 12,500 $86.24 Direct F3, F4
holding RLI Stock Option 8,000 31 Dec 2022 Common Stock 8,000 $106.02 Direct F3, F4
holding RLI Stock Option 19,000 31 Dec 2022 Common Stock 19,000 $109.60 Direct F3, F4
holding RLI Stock Option 9,000 31 Dec 2022 Common Stock 9,000 $57.09 Direct F3, F4
holding RLI Stock Option 11,000 31 Dec 2022 Common Stock 11,000 $49.71 Direct F3, F4
holding RLI Stock Option 9,000 31 Dec 2022 Common Stock 9,000 $56.14 Direct F3, F4
holding RLI Stock Option 7,500 31 Dec 2022 Common Stock 7,500 $75.66 Direct F3, F4
* 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 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F4 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.