SEC Form 4 · accession 0001127602-18-027494
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Wayne Bryant
Officer — VP, Finance & Controller
Period of report
Sep 11, 2018
Accepted (ET)
Sep 13, 2018 · 10:11 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 Stock | Sep 11, 2018 | M | 7,200 | $47.61 | A | 23,668 | D | |
| Common Stock | Sep 11, 2018 | F | 5,639 | $77.98 | D | 18,029 | D | |
| Common StockF1 | holding | — | — | — | 24,810 | 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 OptionF2,F3 | $47.61 | Sep 11, 2018 | M | 7,200 | D | May 7, 2016 | May 7, 2023 | Common Stock | 7,200 | 4,800 | D |
Explanation of responses
- F1Balance reflects annual company contributions and dividend reinvestment.
- F2Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.
- 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.