AI assistant
RLI CORP — Director's Dealing 2015
Mar 16, 2015
30928_dirs_2015-03-16_34cc3023-b3f9-40f9-8b06-2c151b349797.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2015-03-13
Reporting Person: MICHAEL JONATHAN E (Director, President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-13 | Common Stock | M | 21000 | $14.02 | Acquired | 503100.4928 | Direct |
| 2015-03-13 | Common Stock | M | 21000 | $15.105 | Acquired | 524100.4928 | Direct |
| 2015-03-13 | Common Stock | M | 21000 | $15.045 | Acquired | 545100.4928 | Direct |
| 2015-03-13 | Common Stock | F | 38815 | $50.25 | Disposed | 506285.4928 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-13 | Stock Option | $14.02 | M | 21000 | Disposed | 2016-11-03 | Common Stock (21000) | Direct |
| 2015-03-13 | Stock Option | $15.105 | M | 21000 | Disposed | 2017-02-02 | Common Stock (21000) | Direct |
| 2015-03-13 | Stock Option | $15.045 | M | 21000 | Disposed | 2017-05-03 | Common Stock (21000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 210325.2302 | Indirect |
| Common Stock | 114020.12 | Indirect |
| Common Stock | 46015.5111 | Indirect |
| Common Stock | 8305.9199 | Indirect |
| Common Stock | 23273.8124 | Indirect |
| Common Stock | 23273.8124 | 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.