Jennifer L. Klobnak - 31 Dec 2023 Form 5 Insider Report for RLI CORP (RLI)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Jennifer L. Klobnak
Issuer symbol
RLI
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
5
Filing time
05 Feb 2024, 16:01:00 UTC
Previous filing
02 Nov 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
holding RLI Common Stock 33,237 31 Dec 2023 Direct F1
holding RLI Common Stock 19,980 31 Dec 2023 RLI Corp. 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
holding RLI Stock Option 20,000 31 Dec 2023 Common Stock 20,000 $56.14 Direct F3, F4
holding RLI Stock Option 20,000 31 Dec 2023 Common Stock 20,000 $75.66 Direct F3, F4
holding RLI Stock Option 20,000 31 Dec 2023 Common Stock 20,000 $86.24 Direct F3, F4
holding RLI Stock Option 14,000 31 Dec 2023 Common Stock 14,000 $106.02 Direct F3, F4
holding RLI Stock Option 43,000 31 Dec 2023 Common Stock 43,000 $109.60 Direct F3, F4
holding RLI Stock Option 4,000 31 Dec 2023 Common Stock 4,000 $136.59 Direct F4
holding RLI Stock Option 4,000 31 Dec 2023 Common Stock 4,000 $134.41 Direct F4
holding RLI Stock Option 4,000 31 Dec 2023 Common Stock 4,000 $135.22 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance 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.