SEC Form 4 · accession 0001127602-18-027497
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer L Klobnak
Other
Period of report
Sep 12, 2018
Accepted (ET)
Sep 13, 2018 · 12:11 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 | Sep 12, 2018 | M | 4,800 | $29.42 | A | 16,992 | D | |
| Common StockF1 | Sep 12, 2018 | M | 280 | $25.35 | A | 12,192 | D | |
| Common StockF1 | Sep 12, 2018 | M | 2,000 | $23.195 | A | 18,992 | D | |
| Common StockF1 | Sep 12, 2018 | F | 4,524 | $78.18 | D | 14,468 | D | |
| Common StockF2 | holding | — | — | — | 15,789 | 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,F4 | $29.42 | Sep 12, 2018 | M | 4,800 | D | May 2, 2014 | May 2, 2021 | Common Stock | 4,800 | 0 | D |
| Stock OptionF3,F4 | $25.35 | Sep 12, 2018 | M | 280 | D | May 3, 2013 | May 3, 2020 | Common Stock | 280 | 0 | D |
| Stock OptionF3,F4 | $23.195 | Sep 12, 2018 | M | 2,000 | D | Sep 3, 2013 | Sep 3, 2020 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Balance reflects dividend reinvestment.
- F2Balance reflects annual company contributions and dividend reinvestment.
- F3Exercise price reflects prior adjustments as a result of special dividends.
- 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.