RLI CORP — Director's Dealing 2003

Jul 30, 2003

SEC Form 4/A — Form 4/A

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2003-07-28

Reporting Person: SUTKOWSKI EDWARD F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-28	Common Stock	P	602	$33.15	Acquired	87725.3217	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	73036.0607	Indirect
Common Stock	68970.0224	Indirect
Common Stock	3209.0912	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$9.15	2006-05-02	Common Stock ()	7500	Direct
Stock Option	$13.95	2007-02-03	Common Stock ()	1500	Direct
Stock Option	$16.5938	2009-02-01	Common Stock ()	3000	Direct
Stock Option	$19.6	2008-02-02	Common Stock ()	1500	Direct
Stock Option	$22.7	2011-02-01	Common Stock ()	3600	Direct
Stock Option	$22.75	2012-02-01	Common Stock ()	1800	Direct
Stock Option	$27.51	2013-02-03	Common Stock ()	1800	Direct

Footnotes

F1: This Amended Form 4 is being filed to reflect Edward F. Sutkowski's current holdings. Form 4s filed on June 23, 2003, June 26, 2003, and July 28, 2003, only reflected the transaction being reported. All non-derivative and derivative holdings were not reflected due to a technical software problem.

F2: Options are exercisable 1/3 annually commencing one year from grant date.