Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RLI CORP Director's Dealing 2016

Aug 31, 2016

30928_dirs_2016-08-31_b7e761f8-ad65-4bdd-96b7-8c8204346f92.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2016-08-31

Reporting Person: STONE MICHAEL J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-08-31 Common Stock M 2400 $13.63 Acquired 264936.0138 Direct
2016-08-31 Common Stock M 2400 $16.14 Acquired 267336.0138 Direct
2016-08-31 Common Stock M 16000 $17.865 Acquired 283336.0138 Direct
2016-08-31 Common Stock M 16000 $19.81 Acquired 299336.0138 Direct
2016-08-31 Common Stock F 21976 $70.98 Disposed 277360.0138 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-08-31 Stock Option $13.63 M 2400 Disposed 2018-11-01 Common Stock (2400) Direct
2016-08-31 Stock Option $16.14 M 2400 Disposed 2019-02-01 Common Stock (2400) Direct
2016-08-31 Stock Option $17.865 M 16000 Disposed 2019-05-05 Common Stock (16000) Direct
2016-08-31 Stock Option $19.81 M 16000 Disposed 2019-08-01 Common Stock (16000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 53496.117 Indirect
Common Stock 480 Indirect
Common Stock 17937.155 Indirect
Common Stock 22511.55 Indirect
Common Stock 7500 Indirect
Common Stock 8685 Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

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.