STONE MICHAEL J - 12 Dec 2023 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jeffrey D. Fick, Attorney-in-Fact
Issuer symbol
RLI
Transactions as of
12 Dec 2023
Net transactions value
-$269,320
Form type
4
Filing time
13 Dec 2023, 16:10:06 UTC
Previous filing
07 Dec 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Gift $269,320 -2,000 -0.92% $134.66 214,262 12 Dec 2023 Direct F1
holding RLI Common Stock 135 12 Dec 2023 By Spouse

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 732 12 Dec 2023 Common Stock 732 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. 2024 Annual Shareholders' Meeting or (2) one year after the date of grant.

Remarks:

Mr. Stone's spouse is no longer custodian for shares held under UTMA and no longer has a reportable beneficial interest in the 1,580 shares included in Mr. Stone's prior ownership reports.