RLI CORP — Director's Dealing 2011

Nov 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2011-11-28

Reporting Person: VIETS ROBERT O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-28	Common Stock	J	7814.6647	$67.86	Disposed	0	Indirect
2011-11-28	Common Stock	J	7814.6647	$67.86	Acquired	27367.5787	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42883.1731	Indirect
Common Stock	18242.5431	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$28.39	2014-02-02	Common Stock (3600)	3600	Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Shares transferred from the Robert O. Viets 2009 Grantor Retained Annuity Trust dtd 11/24/09 to the Robert O. Viets Revocable Trust.

F3: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/17/11.

F4: Stock Option grant price adjusted to reflect $7 RLI extraordinary dividend paid 12/29/10.