RLI CORP — Director's Dealing 2018

Apr 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2018-04-23

Reporting Person: STONE MICHAEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-23	Common Stock	M	16000	$35.27	Acquired	317340.1688	Direct
2018-04-23	Common Stock	M	16000	$40.55	Acquired	333340.1688	Direct
2018-04-23	Common Stock	M	16000	$35.43	Acquired	349340.1688	Direct
2018-04-23	Common Stock	M	10500	$38.21	Acquired	359840.1688	Direct
2018-04-23	Common Stock	F	44971	$63.76	Disposed	314869.1688	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-23	Stock Option	$35.27	M	16000	Disposed	2018-12-31	Common Stock (16000)	Direct
2018-04-23	Stock Option	$40.55	M	16000	Disposed	2018-12-31	Common Stock (16000)	Direct
2018-04-23	Stock Option	$35.43	M	16000	Disposed	2018-12-31	Common Stock (16000)	Direct
2018-04-23	Stock Option	$38.21	M	10500	Disposed	2018-12-31	Common Stock (10500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	34808.2525	Indirect
Common Stock	880	Indirect
Common Stock	22242.55	Indirect
Common Stock	6615	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

F3: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.

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

F5: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.