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RLI CORP — Director's Dealing 2017
Nov 15, 2017
30928_dirs_2017-11-15_26a6aa00-ad27-440b-b8da-1d76c66631cb.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: 2017-11-14
Reporting Person: STONE MICHAEL J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-14 | Common Stock | M | 16000 | $22.295 | Acquired | 286701.0138 | Direct |
| 2017-11-14 | Common Stock | M | 16000 | $27.305 | Acquired | 302701.0138 | Direct |
| 2017-11-14 | Common Stock | M | 16000 | $25.35 | Acquired | 318701.0138 | Direct |
| 2017-11-14 | Common Stock | M | 16000 | $22.625 | Acquired | 334701.0138 | Direct |
| 2017-11-14 | Common Stock | M | 16000 | $24.915 | Acquired | 350701.0138 | Direct |
| 2017-11-14 | Common Stock | F | 53127 | $59.42 | Disposed | 297574.0138 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-14 | Stock Option | $22.295 | M | 16000 | Disposed | 2019-11-01 | Common Stock (16000) | Direct |
| 2017-11-14 | Stock Option | $27.305 | M | 16000 | Disposed | 2020-02-01 | Common Stock (16000) | Direct |
| 2017-11-14 | Stock Option | $25.35 | M | 16000 | Disposed | 2020-05-03 | Common Stock (16000) | Direct |
| 2017-11-14 | Stock Option | $22.625 | M | 16000 | Disposed | 2020-08-01 | Common Stock (16000) | Direct |
| 2017-11-14 | Stock Option | $24.915 | M | 16000 | Disposed | 2020-11-01 | Common Stock (16000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40203.851 | Indirect |
| Common Stock | 880 | Indirect |
| Common Stock | 16324.155 | Indirect |
| Common Stock | 22347.55 | Indirect |
| Common Stock | 7819 | 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 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.