RLI CORP — Director's Dealing 2009

Aug 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2009-08-03

Reporting Person: LENROW GERALD I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-03	Common Stock	J	501.7021	$49.83	Acquired	47375.1622	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5847.085	Direct
Common Stock	990.203	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$22.75	2012-02-01	Common Stock (1800)	1800	Direct
Stock Option	$27.51	2013-02-03	Common Stock (1800)	1800	Direct
Stock Option	$40.39	2014-02-02	Common Stock (3600)	3600	Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Securities herein were allocated pursuant to the RLI Corp. Directors' Irrevocable Trust Agreement.