RLI CORP — Director's Dealing 2012

Feb 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2012-02-15

Reporting Person: Brown Thomas Lynn (VP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-15	Common Stock	J	21.187	$70.7986	Acquired	21.187	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$56.50	2019-10-03	Common Stock (10000)	10000	Direct

Footnotes

F1: Shares purchased through payroll deduction feature of the RLI Dividend Reinvestment Plan.

F2: Stock Option grant price adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.