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RLI CORP — Director's Dealing 2016
Aug 16, 2016
30928_dirs_2016-08-16_6cc05724-3485-441c-8d77-195498a0dac5.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: 2016-08-15
Reporting Person: Kennedy Daniel O (Vice President General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-15 | Common Stock | M | 4000 | $17.865 | Acquired | 54610.776 | Direct |
| 2016-08-15 | Common Stock | M | 4000 | $25.35 | Acquired | 58610.776 | Direct |
| 2016-08-15 | Common Stock | M | 4000 | $29.42 | Acquired | 62610.776 | Direct |
| 2016-08-15 | Common Stock | M | 5400 | $38.21 | Acquired | 68010.776 | Direct |
| 2016-08-15 | Common Stock | F | 11846 | $69.29 | Disposed | 56164.776 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-15 | Stock Option | $17.865 | M | 4000 | Disposed | 2019-05-05 | Common Stock (4000) | Direct |
| 2016-08-15 | Stock Option | $25.35 | M | 4000 | Disposed | 2020-05-03 | Common Stock (4000) | Direct |
| 2016-08-15 | Stock Option | $29.42 | M | 4000 | Disposed | 2021-05-02 | Common Stock (4000) | Direct |
| 2016-08-15 | Stock Option | $38.21 | M | 5400 | Disposed | 2022-05-01 | Common Stock (5400) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9016.4542 | Indirect |
| Common Stock | 1296.7134 | Indirect |
Footnotes
F1: Ownership reflects dividend reinvestment.
F2: Balance reflects annual company contributions and dividend reinvestment.
F3: Ownership reflects dividend reinvestment
F4: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.
F5: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.
F6: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.
F7: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.
F8: Stock Option grant price adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.
F9: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.
F10: 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.