SEC Form 5 · accession 0001127602-19-002421
RLI CORP · RLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron Paul Diefenthaler
Officer — VP, CIO, Treasurer
Period of report
Dec 31, 2018
Accepted (ET)
Jan 22, 2019 · 10:33 am EST
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 | — | — | — | 15,824 | D | ||
| Common StockF1 | holding | — | — | — | 1,265 | I | By Executive Deferred Compensation | |
| Common StockF2 | holding | — | — | — | 2,684 | I | Employee Stock Ownership Plan - ESOP |
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 | 300 | 300 | D |
| Restricted Stock UnitF3,F4 | — | holding | — | — | — | — | — | Common Stock | 300 | 300 | D |
| Stock OptionF5,F6,F7,F8,F9 | $29.42 | holding | — | — | — | May 2, 2014 | May 2, 2021 | Common Stock | 3,200 | 3,200 | D |
| Stock OptionF5,F6,F9 | $38.21 | holding | — | — | — | May 1, 2015 | May 1, 2022 | Common Stock | 12,000 | 12,000 | D |
| Stock OptionF5,F9 | $47.61 | holding | — | — | — | May 7, 2016 | May 7, 2023 | Common Stock | 12,000 | 12,000 | D |
| Stock OptionF9 | $64.09 | holding | — | — | — | May 5, 2017 | May 5, 2024 | Common Stock | 9,000 | 9,000 | D |
| Stock OptionF9 | $56.71 | holding | — | — | — | May 4, 2018 | May 4, 2025 | Common Stock | 11,000 | 11,000 | D |
| Stock OptionF9 | $63.14 | holding | — | — | — | May 3, 2019 | May 3, 2026 | Common Stock | 9,000 | 9,000 | D |
Explanation of responses
- F1Ownership reflects dividend reinvestment
- F2Balance reflects annual company contributions and 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 third anniversary of the date of grant.
- F5Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.
- F6Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.
- F7Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.
- F8Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.
- F9Pursuant 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.