Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RLI CORP Director's Dealing 2024

May 7, 2024

30928_dirs_2024-05-07_a0354861-9850-4ce8-88df-2396a12fef70.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2024-05-06

Reporting Person: Davis Seth Anthony (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-05-06 Common Stock M 150 Acquired 9644.1437 Direct
2024-05-06 Common Stock J 17 Acquired 9661.1437 Direct
2024-05-06 Common Stock F 74 Disposed 9587.1437 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-05-06 Restricted Stock Unit $ M 150 Disposed Common Stock (150) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5158.088 Indirect
Common Stock 14371.46 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $57.09 2024-05-05 Common Stock (6000) 0 Direct
Stock Option $49.71 2025-05-04 Common Stock (9000) 9000 Direct
Stock Option $56.14 2026-05-03 Common Stock (7000) 7000 Direct
Stock Option $75.66 2027-05-02 Common Stock (6000) 6000 Direct
Stock Option $86.24 2028-08-21 Common Stock (5000) 5000 Direct
Stock Option $106.02 2029-05-06 Common Stock (4000) 4000 Direct
Stock Option $109.6 2030-05-05 Common Stock (4000) 4000 Direct
Stock Option $136.59 2031-05-04 Common Stock (3000) 3000 Direct
Stock Option $143.15 2032-05-02 Common Stock (2750) 2750 Direct
Restricted Stock Unit $ Common Stock (150) 150 Direct
Restricted Stock Unit $ Common Stock (150) 150 Direct
Restricted Stock Unit $ Common Stock (150) 150 Direct

Footnotes

F1: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

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: Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.

F6: 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.

F7: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F8: Shares acquired on the vesting of restricted stock units

F9: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.