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RLI CORP — Director's Dealing 2017
Nov 30, 2017
30928_dirs_2017-11-30_709a9436-59ba-4137-a3fc-7799b93aac5b.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: 2017-11-28
Reporting Person: MICHAEL JONATHAN E (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-28 | Common Stock | M | 6000 | $27.305 | Acquired | 687759.7878 | Direct |
| 2017-11-28 | Common Stock | M | 6000 | $25.35 | Acquired | 693759.7878 | Direct |
| 2017-11-28 | Common Stock | M | 6000 | $22.625 | Acquired | 699759.7878 | Direct |
| 2017-11-28 | Common Stock | M | 6000 | $24.915 | Acquired | 705759.7878 | Direct |
| 2017-11-28 | Common Stock | M | 6000 | $28.24 | Acquired | 711759.7878 | Direct |
| 2017-11-28 | Common Stock | M | 4000 | $29.42 | Acquired | 715759.7878 | Direct |
| 2017-11-28 | Common Stock | F | 23688 | $60.93 | Disposed | 692071.7878 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-28 | Stock Option | $27.305 | M | 6000 | Disposed | 2020-02-01 | Common Stock (6000) | Direct |
| 2017-11-28 | Stock Option | $25.35 | M | 6000 | Disposed | 2020-05-03 | Common Stock (6000) | Direct |
| 2017-11-28 | Stock Option | $22.625 | M | 6000 | Disposed | 2020-08-01 | Common Stock (6000) | Direct |
| 2017-11-28 | Stock Option | $24.915 | M | 6000 | Disposed | 2020-11-01 | Common Stock (6000) | Direct |
| 2017-11-28 | Stock Option | $28.24 | M | 6000 | Disposed | 2021-02-01 | Common Stock (6000) | Direct |
| 2017-11-28 | Stock Option | $29.42 | M | 4000 | Disposed | 2021-05-02 | Common Stock (4000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 233725.1631 | Indirect |
| Common Stock | 126016.36 | Indirect |
| Common Stock | 50857.2214 | Indirect |
| Common Stock | 17501.4675 | Indirect |
| Common Stock | 23313.2178 | 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 and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.
F8: 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.