RLI CORP — Director's Dealing 2012

Dec 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: VIETS ROBERT O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-12	Common Stock	S	200	$64.701	Disposed	13152.6211	Indirect
2012-12-12	Common Stock	S	1200	$64.85	Disposed	11952.6211	Indirect
2012-12-12	Common Stock	S	300	$64.73	Disposed	11652.6211	Indirect
2012-12-12	Common Stock	S	300	$64.80	Disposed	11352.6211	Indirect
2012-12-12	Common Stock	S	200	$64.72	Disposed	11152.6211	Indirect
2012-12-12	Common Stock	S	500	$64.81	Disposed	10652.6211	Indirect
2012-12-12	Common Stock	S	300	$64.79	Disposed	10352.6211	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26755.5528	Direct
Common Stock	48013.282	Indirect
Common Stock	468	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$23.39	2014-02-02	Common Stock (3600)	3600	Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.

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.