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RLI CORP — Director's Dealing 2022
May 3, 2022
30928_dirs_2022-05-03_94f4fe0d-0e49-4009-9a84-28e426e466b9.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: 2022-05-02
Reporting Person: Davis Seth Anthony (Vice President, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-02 | Common Stock | M | 250 | — | Acquired | 3892.4271 | Direct |
| 2022-05-02 | Common Stock | J | 17 | — | Acquired | 3909.4271 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-02 | Restricted Stock Unit | $ | M | 250 | Disposed | Common Stock (250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4736.372 | Indirect |
| Common Stock | 13932.7421 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 | $63.14 | 2026-05-03 | Common Stock (7000) | 7000 | 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 (150) | 150 | Direct | |
| Stock Option | $113.02 | 2029-05-06 | Common Stock (4000) | 4000 | Direct |
| Restricted Stock Unit | $ | Common Stock (200) | 200 | Direct |
Footnotes
F1: Shares acquired on the vesting of restricted stock units.
F2: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
F3: Ownership reflects dividend reinvestment
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: Exercise price reflects prior adjustments as a result of special dividends.
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.
F9: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.