Todd W. Bryant - May 6, 2021 Form 4 Insider Report for RLI CORP (RLI)

Role
VP, CFO
Signature
/s/ Todd W. Bryant
Stock symbol
RLI
Transactions as of
May 6, 2021
Transactions value $
$339,060
Form type
4
Date filed
5/10/2021, 04:09 PM
Next filing
Aug 2, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 24.1K May 6, 2021 Direct
holding RLI Common Stock 27.1K May 6, 2021 Employee Stock Ownership Plan 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 Award $339K +3K $113.02 3K May 6, 2021 Common Stock 3K $113.02 Direct F2
holding RLI Stock Option 5K May 6, 2021 Common Stock 5K $97.64 Direct F2
holding RLI Stock Option 5K May 6, 2021 Common Stock 5K $93.24 Direct F2
holding RLI Stock Option 5K May 6, 2021 Common Stock 5K $89.28 Direct F2
holding RLI Stock Option 3.75K May 6, 2021 Common Stock 3.75K $96.32 Direct F2
holding RLI Stock Option 1.8K May 6, 2021 Common Stock 1.8K $64.09 Direct F2
holding RLI Stock Option 4.4K May 6, 2021 Common Stock 4.4K $56.71 Direct F2
holding RLI Stock Option 9K May 6, 2021 Common Stock 9K $63.14 Direct F2
holding RLI Stock Option 3.75K May 6, 2021 Common Stock 3.75K $82.66 Direct F2
holding RLI Stock Option 3.75K May 6, 2021 Common Stock 3.75K $89.47 Direct F2
holding RLI Stock Option 3.75K May 6, 2021 Common Stock 3.75K $94.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance reflects annual company contributions and dividend reinvestment.
F2 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.