Craig W. Kliethermes - Jul 30, 2024 Form 4 Insider Report for RLI CORP (RLI)

Role
CHIEF EXECUTIVE OFFICER
Signature
/s/ Craig W. Kliethermes
Stock symbol
RLI
Transactions as of
Jul 30, 2024
Transactions value $
-$152,167
Form type
4
Date filed
7/31/2024, 04:35 PM
Previous filing
May 6, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $225K +4K +6.59% $56.14 64.7K Jul 30, 2024 Direct F1
transaction RLI Common Stock Tax liability -$377K -2.51K -3.88% $150.33 62.1K Jul 30, 2024 Direct
holding RLI Common Stock 7.66K Jul 30, 2024 By Esop F2
holding RLI Common Stock 11.3K Jul 30, 2024 By Executive Deferred Comp 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
transaction RLI Stock Option Options Exercise $0 -4K -100% $0.00* 0 Jul 30, 2024 Common Stock 4K $56.14 Direct F3, F4
holding RLI Stock Option 21K Jul 30, 2024 Common Stock 17.5K $75.66 Direct F3, F4
holding RLI Stock Option 20K Jul 30, 2024 Common Stock 20K $86.24 Direct F3, F4
holding RLI Stock Option 14K Jul 30, 2024 Common Stock 14K $106.02 Direct F3, F4
holding RLI Stock Option 75K Jul 30, 2024 Common Stock 75K $109.60 Direct F3, F4
holding RLI Stock Option 7.5K Jul 30, 2024 Common Stock 7.5K $136.59 Direct F3, F4
holding RLI Stock Option 7.5K Jul 30, 2024 Common Stock 7.5K $134.41 Direct F4
holding RLI Stock Option 7.5K Jul 30, 2024 Common Stock 7.5K $135.22 Direct
holding RLI Stock Option 7.5K Jul 30, 2024 Common Stock 7.5K $135.22 Direct
holding RLI Stock Option 7.25K Jul 30, 2024 Common Stock 7.25K $143.15 Direct
* 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 Ownership reflects shares allocated to ESOP participant's account 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.