Aaron P. Diefenthaler - Nov 27, 2023 Form 4 Insider Report for RLI CORP (RLI)

Role
TREASURER, CHIEF INVEST. OFF.
Signature
/s/ Aaron P. Diefenthaler
Stock symbol
RLI
Transactions as of
Nov 27, 2023
Transactions value $
-$329,257
Form type
4
Date filed
11/29/2023, 05:56 PM
Previous filing
May 8, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $514K +9K +34.97% $57.09 34.7K Nov 27, 2023 Direct F1
transaction RLI Common Stock Tax liability -$843K -6.04K -17.38% $139.65 28.7K Nov 27, 2023 Direct
holding RLI Common Stock 1.45K Nov 27, 2023 By Executive Deferred Compensation F1
holding RLI Common Stock 4.15K Nov 27, 2023 Employee Stock Ownership Plan - ESOP 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 Options Exercise $0 -9K -100% $0.00* 0 Nov 27, 2023 Common Stock 9K $57.09 Direct F3, F4
holding RLI Stock Option 11K Nov 27, 2023 Common Stock 11K $49.71 Direct F3, F4
holding RLI Stock Option 9K Nov 27, 2023 Common Stock 9K $56.14 Direct F3, F4
holding RLI Stock Options 7.5K Nov 27, 2023 Common Stock 7.5K $75.66 Direct F3, F4
holding RLI Stock Option 12.5K Nov 27, 2023 Common Stock 12.5K $86.24 Direct F3, F4
holding RLI Stock Option 8K Nov 27, 2023 Common Stock 8K $106.02 Direct F3, F4
holding RLI Stock Option 19K Nov 27, 2023 Common Stock 19K $109.60 Direct F3, F4
holding RLI Stock Option 7.5K Nov 27, 2023 Common Stock 7.5K $136.59 Direct 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.