Jeffrey D. Fick - Feb 1, 2023 Form 4 Insider Report for RLI CORP (RLI)

Role
Chief Legal Officer
Signature
/s/ Jeffrey D. Fick
Stock symbol
RLI
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 01:28 PM
Previous filing
Feb 1, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 62.3K Feb 1, 2023 Direct F1
holding RLI Common Stock 12.1K Feb 1, 2023 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 Award $0 +3.75K $0.00 3.75K Feb 1, 2023 Common Stock 3.75K $131.78 Direct F4
holding RLI Stock Option 4.17K Feb 1, 2023 Common Stock 4.17K $90.64 Direct F3, F4
holding RLI Stock Option 2K Feb 1, 2023 Common Stock 2K $97.85 Direct F3, F4
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $109.60 Direct F3, F4
holding RLI Stock Option 2K Feb 1, 2023 Common Stock 2K $106.02 Direct F3, F4
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $103.56 Direct F3
holding RLI Stock Option 2K Feb 1, 2023 Common Stock 2K $101.07 Direct F3, F4
holding RLI Stock Option 2K Feb 1, 2023 Common Stock 2K $103.02 Direct F3, F4
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $125.98 Direct F3, F4
holding RLI Stock Option 4.17K Feb 1, 2023 Common Stock 4.17K $82.28 Direct F3, F4
holding RLI Stock Option 4.17K Feb 1, 2023 Common Stock 4.17K $86.24 Direct F3
holding RLI Stock Option 9K Feb 1, 2023 Common Stock 9K $56.14 Direct F3, F4
holding RLI Stock Option 15K Feb 1, 2023 Common Stock 15K $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.