Kaj Ahlmann - 02 May 2024 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jeffrey D. Fick, Attorney-in-Fact
Issuer symbol
RLI
Transactions as of
02 May 2024
Net transactions value
$0
Form type
4
Filing time
06 May 2024, 16:15:13 UTC
Previous 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 Options Exercise $0 +732 +22% $0.000000 4,081 02 May 2024 Direct F1
transaction RLI Common Stock Other $0 +17 +0.42% $0.000000 4,098 02 May 2024 Direct F2
holding RLI Common Stock 10,279 02 May 2024 Directors' Trust F3

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 Restricted Stock Unit Options Exercise $0 -732 -50% $0.000000 732 02 May 2024 Restricted Stock Unit 732 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kaj Ahlmann is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares acquired on the vesting of restricted stock unit.
F2 Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
F3 Ownership reflects dividend reinvestment.
F4 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F5 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.