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

Reporting relationship
Director
Issuer ticker
RLI
Reported as of
30 Jan 2023
Net transaction value
-$2,436,910
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Feb 2023, 20:47:41 UTC
Prior SEC filing
01 Feb 2023
Next SEC filing
12 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan E. Michael

Key filing fact

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

Key facts

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

Change

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

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

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

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

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
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Ownership reflects dividend reinvestment

Footnote F2

Balance reflects annual company contributions and dividend reinvestment.

Footnote F3

Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.

Footnote 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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