RLI CORP — Director's Dealing 2013

Mar 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2013-03-22

Reporting Person: Diefenthaler Aaron Paul (VP, CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-22	Common Stock	J	6.5841	$71.54	Acquired	41.7661	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1600	Direct
Common Stock	211.66	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$67.61	2020-02-01	Common Stock (5000)	5000	Direct
Stock Option	$63.70	2020-05-03	Common Stock (7000)	7000	Direct

Footnotes

F1: The securities herein were allocated to my account pursuant to the RLI Corp. Executive Deferred Compensation Agreement.

F2: Balance reflects 2012 contribution.

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

F4: 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.