RLI CORP — Director's Dealing 2018

May 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2018-05-03

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-03	Stock Option	$63.14	A	9000	Acquired	2026-05-03	Common Stock (9000)	Direct
2018-05-03	Restricted Stock Unit	$	A	300	Acquired		Common Stock (300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14880	Direct
Common Stock	24730.884	Indirect

Footnotes

F1: Balance reflects annual company contributions and dividend reinvestment.

F2: 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.

F3: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F4: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.