SEC Form 4 · accession 0001127602-18-026669
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Fick
Officer — SVP, Chief Legal Officer
Period of report
Aug 31, 2018
Accepted (ET)
Sep 4, 2018 · 4:05 pm 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 | Aug 31, 2018 | M | 3,600 | $25.35 | A | 47,832 | D | |
| Common StockF1 | Aug 31, 2018 | M | 7,200 | $29.42 | A | 55,032 | D | |
| Common StockF1 | Aug 31, 2018 | M | 5,400 | $38.21 | A | 60,432 | D | |
| Common StockF1 | Aug 31, 2018 | M | 8,100 | $47.61 | A | 68,532 | D | |
| Common StockF1 | Aug 31, 2018 | F | 17,243 | $76.97 | D | 51,289 | D | |
| Common StockF2 | holding | — | — | — | 10,971 | I | 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,F4 | $25.35 | Aug 31, 2018 | M | 3,600 | D | May 3, 2013 | May 3, 2020 | Common Stock | 3,600 | 0 | D |
| Stock OptionF3,F4 | $29.42 | Aug 31, 2018 | M | 7,200 | D | May 2, 2014 | May 2, 2021 | Common Stock | 7,200 | 0 | D |
| Stock OptionF5,F4 | $38.21 | Aug 31, 2018 | M | 5,400 | D | May 1, 2015 | May 1, 2022 | Common Stock | 5,400 | 2,700 | D |
| Stock OptionF5,F4 | $47.61 | Aug 31, 2018 | M | 8,100 | D | May 7, 2016 | May 7, 2023 | Common Stock | 8,100 | 5,400 | D |
Explanation of responses
- F1Ownership reflects dividend reinvestment
- F2Balance reflects annual company contributions and dividend reinvestment.
- F3Exercise price reflects prior adjustments as a result of special dividends and a stock split.
- F4Pursuant 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.
- F5Exercise price reflects prior adjustments as a result of special dividends.