RLI CORP — Director's Dealing 2016

Jun 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2016-06-10

Reporting Person: Bryant Todd Wayne (VP, Finance & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-10	Common Stock	M	2400	$17.865	Acquired	12532	Direct
2016-06-10	Common Stock	M	2400	$25.35	Acquired	14932	Direct
2016-06-10	Common Stock	F	3033	$67.12	Disposed	11899	Direct
2016-06-10	Common Stock	M	9600	$29.42	Acquired	21499	Direct
2016-06-10	Common Stock	S	9600	$66.945	Disposed	11899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-10	Stock Option	$17.865	M	2400	Disposed	2019-05-05	Common Stock (2400)	Direct
2016-06-10	Stock Option	$25.35	M	2400	Disposed	2020-05-03	Common Stock (2400)	Direct
2016-06-10	Stock Option	$29.42	M	9600	Disposed	2021-05-02	Common Stock (9600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22071.0652	Indirect

Footnotes

F1: Balance reflects annual company contributions and dividend reinvestment.

F2: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

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 adjusted to reflect $5 RLI extraordinary dividend declared 11/17/11.

F7: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.

F8: 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.