RLI CORP — Director's Dealing 2018

Jan 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2018-01-29

Reporting Person: Diefenthaler Aaron Paul (VP, CIO, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-29	Common Stock	S	200	$64.60	Disposed	12284.2849	Direct
2018-01-29	Common Stock	S	100	$64.50	Disposed	12184.2849	Direct
2018-01-29	Common Stock	S	100	$64.55	Disposed	12084.2849	Direct
2018-01-29	Common Stock	S	100	$64.65	Disposed	11984.2849	Direct
2018-01-29	Common Stock	S	200	$64.80	Disposed	11784.2849	Direct
2018-01-30	Common Stock	S	100	$64.99	Disposed	12827.2849	Direct
2018-01-30	Common Stock	S	100	$65.42	Disposed	12727.2849	Direct
2018-01-29	Common Stock	M	3200	$29.42	Acquired	14984.2849	Direct
2018-01-29	Common Stock	F	2057	$64.47	Disposed	12927.2849	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-29	Stock Option	$29.42	M	3200	Disposed	2021-05-02	Common Stock (3200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1230.828	Indirect
Common Stock	2390.4667	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.