SEC Form 4 · accession 0001127602-18-024088
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Calvin Butler Jr.
Director
Period of report
Jul 30, 2018
Accepted (ET)
Jul 31, 2018 · 11:40 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 StockF2 | Jul 30, 2018 | J | 352 | $74.52 | A | 3,592 | I | Directors' Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | holding | — | — | — | — | — | Common Stock | 792 | 792 | D |
Explanation of responses
- F1The securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
- F2Ownership reflects dividend reinvestment
- F3Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
- F4These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2019 Annual Shareholders Meeting or (2) one year after the date of grant.