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RLI CORP Director's Dealing 2012

Dec 27, 2012

30928_dirs_2012-12-27_21a18474-65b1-4544-a01b-3ba74850bcad.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2012-12-24

Reporting Person: STONE MICHAEL J (Director, President RLI Insurance Compan)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-24 Common Stock G 2000 $64.54 Disposed 96327.7414 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 20105.3604 Indirect
Common Stock 24958.2965 Indirect
Common Stock 7592.621 Indirect
Common Stock 7180 Indirect
Common Stock 10614.081 Indirect
Common Stock 3862.3865 Indirect
Common Stock 11198.451 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $39.09 2017-05-03 Common Stock (31500) 31500 Direct
Stock Option $33.00 2018-05-01 Common Stock (34000) 34000 Direct
Stock Option $29.90 2017-05-07 Common Stock (19200) 19200 Direct
Stock Option $39.34 2018-05-06 Common Stock (6000) 6000 Direct
Stock Option $39.20 2018-08-02 Common Stock (6000) 6000 Direct
Stock Option $40.26 2018-11-01 Common Stock (6000) 6000 Direct
Stock Option $45.28 2019-02-01 Common Stock (6000) 6000 Direct
Stock Option $48.73 2019-05-05 Common Stock (8000) 8000 Direct
Stock Option $52.62 2019-08-01 Common Stock (8000) 8000 Direct
Stock Option $57.59 2019-11-01 Common Stock (8000) 8000 Direct
Stock Option $67.61 2020-02-01 Common Stock (8000) 8000 Direct
Stock Option $63.70 2020-05-03 Common Stock (8000) 8000 Direct
Stock Option $58.25 2020-08-01 Common Stock (8000) 8000 Direct
Stock Option $62.83 2020-11-01 Common Stock (8000) 8000 Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.

F4: Stock Option grant price adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.

F5: Stock Option grant price adjusted to reflect $7 RLI extraordinary dividend paid 12/29/10.

F6: Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.