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RLI CORP — Director's Dealing 2021
May 4, 2021
30928_dirs_2021-05-04_c5cad658-e375-44fd-ac4a-f37ebe83dc78.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: 2021-05-03
Reporting Person: Diefenthaler Aaron Paul (VP, CIO, Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-03 | Common Stock | J | 21.0572 | — | Acquired | 20773.3421 | Direct |
| 2021-05-03 | Common Stock | M | 300 | — | Acquired | 21073.3421 | Direct |
| 2021-05-03 | Common Stock | F | 143.0572 | $112.84 | Disposed | 20930.2849 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-03 | Restricted Stock Unit | $ | M | 300 | Disposed | Common Stock (300) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3376.544 | Indirect |
| Common Stock | 1321.8955 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $93.24 | 2028-08-21 | Common Stock (12500) | 12500 | Direct |
| Restricted Stock Unit | $ | Common Stock (300) | 300 | Direct | |
| Stock Option | $47.61 | 2023-05-07 | Common Stock (12000) | 12000 | Direct |
| Stock Option | $64.09 | 2024-05-05 | Common Stock (9000) | 9000 | Direct |
| Stock Option | $56.71 | 2025-05-04 | Common Stock (11000) | 11000 | Direct |
| Stock Option | $63.14 | 2026-05-03 | Common Stock (9000) | 9000 | Direct |
| Stock Option | $82.66 | 2027-05-02 | Common Stock (7500) | 7500 | 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: Shares acquired on the vesting of restricted stock units.
F4: Balance reflects annual company contributions and dividend reinvestment.
F5: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F6: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.
F7: 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.
F8: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F9: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.