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RLI CORP Director's Dealing 2015

Oct 23, 2015

30928_dirs_2015-10-23_c8f74738-1216-4a0a-b1dc-ac2ac90faa6a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2015-10-22

Reporting Person: Diefenthaler Aaron Paul (VP, CIO, Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-22 Common Stock M 6000 $29.305 Acquired 9582.2849 Direct
2015-10-22 Common Stock M 8400 $27.35 Acquired 17982.2849 Direct
2015-10-22 Common Stock F 9136 $60.00 Disposed 8846.2849 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-10-22 Stock Option $29.305 M 6000 Disposed 2020-02-01 Common Stock (6000) Direct
2015-10-22 Stock Option $27.35 M 8400 Disposed 2020-05-03 Common Stock (8400) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1089.8239 Indirect
Common Stock 1685.6255 Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.

F4: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.

F5: Stock option grant price adjusted to reflect $5 extraordinary dividend declared 11/14/12.

F6: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.

F7: 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.