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

Signature
/s/ Craig W. Kliethermes
Issuer symbol
RLI
Transactions as of
30 Jul 2024
Net transactions value
-$152,167
Form type
4
Filing time
31 Jul 2024, 16:35:06 UTC
Previous filing
06 May 2024
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $224,560 +4,000 +6.6% $56.14 64,654 30 Jul 2024 Direct F1
transaction RLI Common Stock Tax liability $376,727 -2,506 -3.9% $150.33 62,148 30 Jul 2024 Direct
holding RLI Common Stock 7,659 30 Jul 2024 By Esop F2
holding RLI Common Stock 11,293 30 Jul 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 -4,000 -100% $0.000000* 0 30 Jul 2024 Common Stock 4,000 $56.14 Direct F3, F4
holding RLI Stock Option 21,000 30 Jul 2024 Common Stock 17,500 $75.66 Direct F3, F4
holding RLI Stock Option 20,000 30 Jul 2024 Common Stock 20,000 $86.24 Direct F3, F4
holding RLI Stock Option 14,000 30 Jul 2024 Common Stock 14,000 $106.02 Direct F3, F4
holding RLI Stock Option 75,000 30 Jul 2024 Common Stock 75,000 $109.60 Direct F3, F4
holding RLI Stock Option 7,500 30 Jul 2024 Common Stock 7,500 $136.59 Direct F3, F4
holding RLI Stock Option 7,500 30 Jul 2024 Common Stock 7,500 $134.41 Direct F4
holding RLI Stock Option 7,500 30 Jul 2024 Common Stock 7,500 $135.22 Direct
holding RLI Stock Option 7,500 30 Jul 2024 Common Stock 7,500 $135.22 Direct
holding RLI Stock Option 7,250 30 Jul 2024 Common Stock 7,250 $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.