RLI CORP — Director's Dealing 2017

Nov 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2017-11-27

Reporting Person: Kliethermes Craig W (President & COO-RLI Ins)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-27	Common Stock	M	7600	$38.21	Acquired	90186.14	Direct
2017-11-27	Common Stock	F	6141	$59.86	Disposed	84045.14	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-27	Stock Option	$38.21	M	7600	Disposed	2022-05-01	Common Stock (7600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10929.6909	Indirect
Common Stock	18172.3514	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

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

F5: 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.