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: MICHAEL JONATHAN E (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-03	Stock Option	$63.14	A	13750	Acquired	2026-05-03	Common Stock (13750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	694872.6638	Direct
Common Stock	242385.7418	Indirect
Common Stock	130552.557	Indirect
Common Stock	52687.8901	Indirect
Common Stock	17619.8795	Indirect
Common Stock	23470.9511	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: 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.