SEC Form 4 · accession 0001127602-18-016315
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer L Klobnak
Other
Period of report
May 3, 2018
Accepted (ET)
May 4, 2018 · 11:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000084246
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 11,912 | D | ||
| Common StockF2 | holding | — | — | — | 15,738 | I | RLI Corp. Employee Stock Ownership Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $63.14 | May 3, 2018 | A | 20,000 | A | May 3, 2019 | May 3, 2026 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Balance reflects dividend reinvestment.
- F2Balance reflects annual company contributions and dividend reinvestment.
- F3Pursuant 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.