RLI CORP — Director's Dealing 2011

Jan 31, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2011-01-27

Reporting Person: STEPHENS GERALD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-27	Common Stock	P	3800	$54.35	Acquired	303800	Indirect
2011-01-27	Common Stock	P	1300	$54.31	Acquired	305100	Indirect
2011-01-27	Common Stock	P	600	$54.30	Acquired	305700	Indirect
2011-01-27	Common Stock	P	200	$54.32	Acquired	305900	Indirect
2011-01-27	Common Stock	P	100	$54.27	Acquired	306000	Indirect
2011-01-28	Common Stock	P	8000	$53.50	Acquired	314000	Indirect
2011-01-28	Common Stock	P	1200	$53.63	Acquired	315200	Indirect
2011-01-28	Common Stock	P	1044	$53.62	Acquired	316244	Indirect
2011-01-28	Common Stock	P	1700	$53.61	Acquired	317944	Indirect
2011-01-28	Common Stock	P	100	$53.64	Acquired	318044	Indirect
2011-01-28	Common Stock	P	200	$53.67	Acquired	318244	Indirect
2011-01-28	Common Stock	P	100	$53.65	Acquired	318344	Indirect
2011-01-28	Common Stock	P	556	$53.79	Acquired	318900	Indirect
2011-01-28	Common Stock	P	100	$53.77	Acquired	319000	Indirect
2011-01-28	Common Stock	P	1100	$53.65	Acquired	749399.5921	Direct
2011-01-28	Common Stock	P	600	$53.63	Acquired	749999.5921	Direct
2011-01-28	Common Stock	P	800	$53.77	Acquired	750799.5921	Direct
2011-01-28	Common Stock	P	200	$53.54	Acquired	750999.5921	Direct
2011-01-28	Common Stock	P	100	$53.50	Acquired	751099.5921	Direct
2011-01-28	Common Stock	P	200	$53.53	Acquired	751299.5921	Direct
2011-01-28	Common Stock	P	200	$53.68	Acquired	751499.5921	Direct
2011-01-28	Common Stock	P	100	$53.60	Acquired	751599.5921	Direct
2011-01-28	Common Stock	P	200	$53.59	Acquired	751799.5921	Direct
2011-01-28	Common Stock	P	300	$53.66	Acquired	752099.5921	Direct
2011-01-28	Common Stock	P	200	$53.71	Acquired	752299.5921	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4429.2781	Indirect
Common Stock	381.1323	Indirect
Common Stock	23084.4301	Indirect
Common Stock	77135	Indirect
Common Stock	253100.5026	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment.