MICHAEL JONATHAN E - 30 Jan 2023 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jonathan E. Michael
Issuer symbol
RLI
Transactions as of
30 Jan 2023
Net transactions value
-$2,436,910
Form type
4
Filing time
01 Feb 2023, 20:47:41 UTC
Previous filing
01 Feb 2023
Next filing
12 May 2023
SEC
View on sec.gov

Quoteable Key Fact

"MICHAEL JONATHAN E filed Form 4 for RLI CORP (RLI) on 01 Feb 2023."

Quick Takeaways

  • This page summarizes MICHAEL JONATHAN E's Form 4 filing for RLI CORP (RLI).
  • 27 reported transactions and 13 derivative rows are listed below.
  • Filing timestamp: 01 Feb 2023, 20:47.

What Changed

  • Previous filing in this sequence was filed on 01 Feb 2023.
  • Current net transaction value: -$2,436,910.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

RLI transaction

Common Stock

Options Exercise

Transaction value
$108,540
Shares
+2,000
Change %
+0.28%
Price
$54.27
Shares after
718,042
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$99,908
Shares
+1,750
Change %
+0.24%
Price
$57.09
Shares after
719,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$107,905
Shares
+1,750
Change %
+0.24%
Price
$61.66
Shares after
721,542
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$83,668
Shares
+1,750
Change %
+0.24%
Price
$47.81
Shares after
723,292
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$184,695
Shares
+3,500
Change %
+0.48%
Price
$52.77
Shares after
726,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$298,260
Shares
+6,000
Change %
+0.83%
Price
$49.71
Shares after
732,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$306,060
Shares
+6,000
Change %
+0.82%
Price
$51.01
Shares after
738,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$689,040
Shares
+12,000
Change %
+1.6%
Price
$57.42
Shares after
750,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$617,540
Shares
+11,000
Change %
+1.5%
Price
$56.14
Shares after
761,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$754,270
Shares
+11,000
Change %
+1.4%
Price
$68.57
Shares after
772,792
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$542,438
Shares
+8,250
Change %
+1.1%
Price
$65.75
Shares after
781,042
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$488,070
Shares
+8,250
Change %
+1.1%
Price
$59.16
Shares after
789,292
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Tax liability

Transaction value
$6,872,492
Shares
-52,845
Change %
-6.7%
Price
$130.05
Shares after
736,447
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI transaction

Common Stock

Options Exercise

Transaction value
$155,190
Shares
+3,000
Change %
+0.41%
Price
$51.73
Shares after
739,447
Date
30 Jan 2023
Ownership
Direct
Footnotes
F1
RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
268,262
Date
30 Jan 2023
Ownership
By Empl. Stock Ownership Plan
Footnotes
F2
RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
61,514
Date
30 Jan 2023
Ownership
By Trust
Footnotes
F1
RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
19,485
Date
30 Jan 2023
Ownership
Jonathan E. Michael Family Trust Number 2
Footnotes
F1
RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
0
Date
30 Jan 2023
Ownership
J.E. Michael 2012 Grantor Retained Annuity Trust Dtd 07/24/12
Footnotes
F1
RLI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
152,423
Date
30 Jan 2023
Ownership
By Key Employee Benefit Plan
Footnotes
F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-2,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,000
Exercise price
$54.27
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-1,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,750
Exercise price
$57.09
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-1,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,750
Exercise price
$61.66
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-1,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,750
Exercise price
$47.81
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-3,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,500
Exercise price
$52.77
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-6,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,000
Exercise price
$49.71
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-6,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,000
Exercise price
$51.01
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-12,000
Change %
-80%
Price
$0.000000
Shares after
3,000
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,000
Exercise price
$57.42
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-11,000
Change %
-80%
Price
$0.000000
Shares after
2,750
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,000
Exercise price
$56.14
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-11,000
Change %
-80%
Price
$0.000000
Shares after
2,750
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,000
Exercise price
$68.59
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-8,250
Change %
-60%
Price
$0.000000
Shares after
5,500
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,250
Exercise price
$65.75
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-8,250
Change %
-60%
Price
$0.000000
Shares after
5,500
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,250
Exercise price
$59.16
Footnotes
F3, F4
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-3,000
Change %
-50%
Price
$0.000000
Shares after
3,000
Date
30 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
$51.73
Footnotes
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.
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