David B. Duclos - 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, 16:15:54 UTC
Previous filing
08 May 2023
Next filing
30 Jan 2025
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 +13% $0.000000 6,404 02 May 2024 Directors' Trust F1, F2
transaction RLI Common Stock Other $0 +17 +0.27% $0.000000 6,421 02 May 2024 Directors' Trust F3
holding RLI Common Stock 2,593 02 May 2024 Direct 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 Restricted Stock Unit Award $0 +1,047 $0.000000 1,047 02 May 2024 Common Stock 1,047 Direct F1, F4
transaction RLI Restricted Stock Unit Options Exercise $0 -732 -100% $0.000000* 0 02 May 2024 Common Stock 732 Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired on the vesting of restricted stock units.
F2 Ownership reflects dividend reinvestment.
F3 Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
F4 These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2025 Annual Shareholders' Meeting or (2) one year after the date of grant.
F5 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F6 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.