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RLI CORP — Director's Dealing 2015
Oct 23, 2015
30928_dirs_2015-10-23_a85a54db-a374-471b-8cd2-130f08858e81.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2015-10-22
Reporting Person: STONE MICHAEL J (Director, President RLI Insurance Co)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-10-22 | Common Stock | M | 12000 | $15.10 | Acquired | 229767.6051 | Direct |
| 2015-10-22 | Common Stock | M | 9600 | $15.63 | Acquired | 239367.6051 | Direct |
| 2015-10-22 | Common Stock | M | 9600 | $18.14 | Acquired | 248967.6051 | Direct |
| 2015-10-22 | Common Stock | F | 18833 | $60.00 | Disposed | 230134.6051 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-22 | Stock Option | $15.10 | M | 12000 | Disposed | 2018-08-02 | Common Stock (12000) | Direct |
| 2015-10-22 | Stock Option | $15.63 | M | 9600 | Disposed | 2018-11-01 | Common Stock (9600) | Direct |
| 2015-10-22 | Stock Option | $18.14 | M | 9600 | Disposed | 2019-02-01 | Common Stock (9600) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51368.9154 | Indirect |
| Common Stock | 57017.8679 | Indirect |
| Common Stock | 6275 | Indirect |
| Common Stock | 510 | Indirect |
| Common Stock | 19841.155 | Indirect |
| Common Stock | 23356.55 | Indirect |
| Common Stock | 7227 | Indirect |
| Common Stock | 8559 | Indirect |
| Common Stock | 9072 | Indirect |
Footnotes
F1: Ownership reflects dividend reinvestment
F2: Balance reflects annual company contributions and dividend reinvestment.
F3: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.
F4: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.
F5: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.
F6: Stock Option grant price adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.
F7: Stock Option grant price adjusted to reflect $7 RLI extraordinary dividend paid 12/29/10.
F8: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.
F9: 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.