RLI CORP — Director's Dealing 2012

Dec 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2012-12-06

Reporting Person: VIETS ROBERT O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-06	Common Stock	J	468	—	Disposed	13352.6211	Indirect
2012-12-06	Common Stock	J	468	—	Acquired	468	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26755.5528	Direct
Common Stock	48013.282	Indirect

Holdings (Derivative)

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

Footnotes

F1: Shares transferred from the R.O.Viets Grantor Retained Annity Trust to the Karen Viets Revocable Trust

F2: Ownership reflects 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 extraordinary dividend declared 11/17/11.

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