RLI CORP — Director's Dealing 2018

Oct 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2018-10-01

Reporting Person: STONE MICHAEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-01	Common Stock	J	3219	—	Disposed	28569.6755	Indirect
2018-10-01	Common Stock	J	3219	—	Acquired	307543.1688	Direct
2018-10-01	Common Stock	S	1422	$77.63	Disposed	306121.1688	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	880	Indirect
Common Stock	22242.55	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (792)	792	Direct

Footnotes

F1: Quarterly distribution from the RLI Corp. Executive Deferred Compensation Plan to Michael J. Stone.

F2: Ownership reflects dividend reinvestment

F3: Sale of shares re payment of tax liability on quarterly deferred compensation distribution.

F4: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F5: These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2019 Annual Shareholders Meeting or (2) one year after the date of grant.