RLI CORP — Director's Dealing 2013

Mar 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2013-02-28

Reporting Person: VIETS ROBERT O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-28	Common Stock	A	145	$68.78	Acquired	37924.9255	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	52309.0353	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: Independent directors receive an annual award of $10,000 in restricted stock, pursuant to the RLI Corp. Long-Term Incentive Plan. The shares vest on the first to occur of: the one-year anniversary of date of issuance, or when a director leaves the Board.

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.