STONE MICHAEL J - 24 Apr 2023 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jeffrey D. Fick, attorney-in-fact for Michael J. Stone
Issuer symbol
RLI
Transactions as of
24 Apr 2023
Net transactions value
-$618,894
Form type
4
Filing time
25 Apr 2023, 10:23:34 UTC
Previous filing
01 Feb 2023
Next filing
08 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Sale $618,894 -4,239 -1.9% $146.00 215,779 24 Apr 2023 Direct F1
holding RLI Common Stock 135 24 Apr 2023 By Spouse
holding RLI Common Stock 1,580 24 Apr 2023 By Spouse, Custodian UTMA-FL

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 Restricted Stock Unit 643 24 Apr 2023 Common Stock 643 Direct F2, F3
* 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 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F3 These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.