RLI CORP — Director's Dealing 2018

Sep 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2018-09-13

Reporting Person: MICHAEL JONATHAN E (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-13	Common Stock	M	6000	$28.24	Acquired	705393.8988	Direct
2018-09-13	Common Stock	M	4000	$29.42	Acquired	709393.8988	Direct
2018-09-13	Common Stock	M	8000	$35.27	Acquired	717393.8988	Direct
2018-09-13	Common Stock	M	16000	$40.55	Acquired	733393.8988	Direct
2018-09-13	Common Stock	M	16000	$35.43	Acquired	749393.8988	Direct
2018-09-13	Common Stock	M	12000	$38.21	Acquired	761393.8988	Direct
2018-09-13	Common Stock	M	12000	$38.15	Acquired	773393.8988	Direct
2018-09-13	Common Stock	F	51819	$79.04	Disposed	721574.8988	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-13	Stock Option	$28.24	M	6000	Disposed	2021-02-01	Common Stock (6000)	Direct
2018-09-13	Stock Option	$29.42	M	4000	Disposed	2021-05-02	Common Stock (4000)	Direct
2018-09-13	Stock Option	$35.27	M	8000	Disposed	2021-08-01	Common Stock (8000)	Direct
2018-09-13	Stock Option	$40.55	M	16000	Disposed	2021-11-01	Common Stock (16000)	Direct
2018-09-13	Stock Option	$35.43	M	16000	Disposed	2022-02-03	Common Stock (16000)	Direct
2018-09-13	Stock Option	$38.21	M	12000	Disposed	2022-05-01	Common Stock (12000)	Direct
2018-09-13	Stock Option	$38.15	M	12000	Disposed	2022-08-01	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	243160.3288	Indirect
Common Stock	130973.894	Indirect
Common Stock	52857.9317	Indirect
Common Stock	14354.7542	Indirect
Common Stock	22570.7124	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions 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: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.

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.