AI assistant
RLI CORP — Director's Dealing 2016
May 12, 2016
30928_dirs_2016-05-12_db616aac-0fa2-4941-a9ed-83bc63a6778c.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: 2016-05-11
Reporting Person: MICHAEL JONATHAN E (Director, President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-11 | Common Stock | M | 6000 | $17.865 | Acquired | 619039.1238 | Direct |
| 2016-05-11 | Common Stock | M | 24000 | $19.81 | Acquired | 643039.1238 | Direct |
| 2016-05-11 | Common Stock | M | 24000 | $22.295 | Acquired | 667039.1238 | Direct |
| 2016-05-11 | Common Stock | F | 33860 | $66.10 | Disposed | 633179.1238 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-11 | Stock Option | $17.865 | M | 6000 | Disposed | 2019-05-05 | Common Stock (6000) | Direct |
| 2016-05-11 | Stock Option | $19.81 | M | 24000 | Disposed | 2019-08-01 | Common Stock (24000) | Direct |
| 2016-05-11 | Stock Option | $22.295 | M | 24000 | Disposed | 2019-11-01 | Common Stock (24000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 221729.082 | Indirect |
| Common Stock | 119762.63 | Indirect |
| Common Stock | 48333.0393 | Indirect |
| Common Stock | 21044.9372 | Indirect |
| Common Stock | 22848.6474 | Indirect |
Footnotes
F1: Ownership reflects dividend reinvestment
F2: Balance reflects annual company contributions and dividend reinvestment.
F3: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.
F4: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.
F5: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.
F6: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.
F7: Stock Option grant price adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.
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.