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RLI CORP Director's Dealing 2020

Aug 24, 2020

30928_dirs_2020-08-24_dd5efb07-2b59-4972-8aed-e218d8e4d1ab.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: 2020-08-21

Reporting Person: Kliethermes Craig W (President & COO-RLI Ins)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-08-21 Stock Option $93.24 A 40000 Acquired 2028-08-21 Common Stock (40000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 99989.14 Direct
Common Stock 12664.5514 Indirect
Common Stock 19825.4437 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $47.61 2023-05-07 Common Stock (8000) 8000 Direct
Stock Option $64.09 2024-05-05 Common Stock (30000) 30000 Direct
Stock Option $56.71 2025-05-04 Common Stock (25200) 25200 Direct
Stock Option $63.14 2026-05-03 Common Stock (40000) 40000 Direct
Stock Option $82.66 2027-05-02 Common Stock (35000) 35000 Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F3: 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.

F4: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.