PAUL BENNETT MEDINI - 01 Nov 2022 Form 4 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Paul B. Medini
Issuer symbol
RLI
Transactions as of
01 Nov 2022
Net transactions value
$0
Form type
4
Filing time
03 Nov 2022, 16:45:07 UTC
Next filing
01 Feb 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RLI Restricted Stock Unit Award $0 +563 $0.000000 563 01 Nov 2022 Common Stock 563 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F2 These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.