Todd W. Bryant - Feb 1, 2023 Form 4 Insider Report for RLI CORP (RLI)

Signature
/s/ Todd W. Bryant
Stock symbol
RLI
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 01:30 PM
Previous filing
Feb 1, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RLI Common Stock 27.5K Feb 1, 2023 Direct
holding RLI Common Stock 29.8K Feb 1, 2023 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 $0 +8.5K $0.00 8.5K Feb 1, 2023 Common Stock 8.5K $131.78 Direct F3
holding RLI Stock Option 5K Feb 1, 2023 Common Stock 5K $90.64 Direct F2, F3
holding RLI Stock Option 3K Feb 1, 2023 Common Stock 3K $97.85 Direct F2, F3
holding RLI Stock Option 8.5K Feb 1, 2023 Common Stock 8.5K $109.60 Direct F2, F3
holding RLI Stock Option 8.5K Feb 1, 2023 Common Stock 8.5K $103.56 Direct F2
holding RLI Stock Option 3K Feb 1, 2023 Common Stock 3K $101.07 Direct F2, F3
holding RLI Stock Option 5K Feb 1, 2023 Common Stock 5K $86.24 Direct F2, F3
holding RLI Stock Option 3K Feb 1, 2023 Common Stock 3K $103.02 Direct F2, F3
holding RLI Stock Option 8.5K Feb 1, 2023 Common Stock 8.5K $132.98 Direct F3
holding RLI Stock Option 5K Feb 1, 2023 Common Stock 5K $89.28 Direct F3
holding RLI Stock Option 3K Feb 1, 2023 Common Stock 3K $113.02 Direct F3
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $89.32 Direct F2, F3
holding RLI Stock Option 4K Feb 1, 2023 Common Stock 4K $56.14 Direct F2, F3
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $75.66 Direct F2, F3
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $82.47 Direct F2, F3
holding RLI Stock Option 3.75K Feb 1, 2023 Common Stock 3.75K $87.62 Direct F3
* 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 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F3 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.