AI assistant
RLI CORP — Director's Dealing 2021
May 4, 2021
30928_dirs_2021-05-04_fdce75ae-256f-48d9-9d44-c515668a92eb.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: 2021-05-03
Reporting Person: Davis Seth Anthony (Vice President, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-03 | Common Stock | J | 17.5476 | — | Acquired | 169.5476 | Direct |
| 2021-05-03 | Common Stock | M | 250 | — | Acquired | 419.5476 | Direct |
| 2021-05-03 | Common Stock | F | 119.5476 | $112.84 | Disposed | 300 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-03 | Stock Option | $63.14 | M | 250 | Disposed | 2026-05-03 | Common Stock (250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4611.8712 | Indirect |
| Common Stock | 13308.301 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $38.21 | 2022-05-01 | Common Stock (9000) | 9000 | Direct |
| Stock Option | $47.61 | 2023-05-07 | Common Stock (9000) | 9000 | Direct |
| Stock Option | $64.09 | 2024-05-05 | Common Stock (6000) | 6000 | Direct |
| Stock Option | $56.71 | 2025-05-04 | Common Stock (9000) | 9000 | Direct |
| Stock Option | $82.66 | 2027-05-02 | Common Stock (6000) | 6000 | Direct |
| Stock Option | $93.24 | 2028-08-21 | Common Stock (5000) | 5000 | Direct |
| Restricted Stock Unit | $ | Common Stock (0) | 0 | Direct | |
| Restricted Stock Unit | $ | Common Stock (250) | 250 | Direct | |
| Restricted Stock Unit | $ | Common Stock (250) | 250 | Direct | |
| Restricted Stock Unit | $ | Common Stock (200) | 200 | Direct |
Footnotes
F1: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
F2: Ownership reflects dividend reinvestment
F3: Balance reflects annual company contributions and dividend reinvestment.
F4: 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.
F5: Exercise price reflects prior adjustments as a result of special dividends.
F6: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F7: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.
F8: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.