MICHAEL JONATHAN E - 31 Dec 2023 Form 5 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jeffrey D. Fick, Attorney-in-Fact
Issuer symbol
RLI
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
5
Filing time
05 Feb 2024, 15:23:46 UTC
Previous filing
05 Jun 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 735,967 31 Dec 2023 Direct F1
holding RLI Common Stock 268,449 31 Dec 2023 By Empl. Stock Ownership Plan F2
holding RLI Common Stock 156,009 31 Dec 2023 By Key Employee Benefit Plan F1
holding RLI Common Stock 62,961 31 Dec 2023 By Trust F1
holding RLI Common Stock 7,864 31 Dec 2023 Jonathan E. Michael Family Trust Number 2 F1

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 Stock Option 3,000 31 Dec 2023 Common Stock 3,000 $51.73 Direct F3, F4
holding RLI Stock Option 3,000 31 Dec 2023 Common Stock 3,000 $57.42 Direct F3, F4
holding RLI Stock Option 2,750 31 Dec 2023 Common Stock 2,750 $56.14 Direct F3, F4
holding RLI Stock Option 2,750 31 Dec 2023 Common Stock 2,750 $68.59 Direct F3, F4
holding RLI Stock Option 5,500 31 Dec 2023 Common Stock 5,500 $65.75 Direct F3, F4
holding RLI Stock Option 5,500 31 Dec 2023 Common Stock 5,500 $59.16 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2023 Common Stock 12,500 $75.66 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2023 Common Stock 12,500 $82.47 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2023 Common Stock 12,500 $89.32 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2023 Common Stock 12,500 $87.62 Direct F3, F4
holding RLI Stock Option 13,333 31 Dec 2023 Common Stock 13,333 $86.24 Direct F3, F4
holding RLI Stock Option 13,333 31 Dec 2023 Common Stock 13,333 $82.28 Direct F3, F4
holding RLI Stock Option 13,334 31 Dec 2023 Common Stock 13,334 $90.64 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2023 Common Stock 7,000 $106.02 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2023 Common Stock 7,000 $101.07 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2023 Common Stock 7,000 $103.02 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2023 Common Stock 7,000 $97.85 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 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.
F4 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.