RLI CORP - Director's Dealing 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2012-11-28

Reporting Person: VIETS ROBERT O (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-28	Common Stock	S	100	$65.40	Disposed	28217.5528	Direct
2012-11-28	Common Stock	S	300	$65.4399	Disposed	27917.5528	Direct
2012-11-28	Common Stock	S	300	$65.4001	Disposed	27617.5528	Direct
2012-11-28	Common Stock	S	100	$65.5191	Disposed	27517.5528	Direct
2012-11-28	Common Stock	S	100	$65.39	Disposed	27417.5528	Direct
2012-11-28	Common Stock	S	100	$65.4698	Disposed	27317.5528	Direct
2012-11-28	Common Stock	S	17	$65.31	Disposed	27300.5528	Direct
2012-11-28	Common Stock	S	183	$65.39	Disposed	27117.5528	Direct
2012-11-28	Common Stock	S	100	$65.52	Disposed	27017.5528	Direct
2012-11-28	Common Stock	S	262	$65.4312	Disposed	26755.5528	Direct

Security	Shares	Ownership
Common Stock	48013.282	Indirect
Common Stock	13820.6211	Indirect

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

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.