RLI CORP — Director's Dealing 2018

Jan 11, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2017-12-31

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12484.2849	Direct
Common Stock	1230.828	Indirect
Common Stock	2390.4667	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (300)	300	Direct
Stock Option	$29.42	2021-05-02	Common Stock (16000)	16000	Direct
Stock Option	$38.21	2022-05-01	Common Stock (12000)	12000	Direct
Stock Option	$47.61	2023-05-07	Common Stock (12000)	12000	Direct
Stock Option	$64.09	2024-05-05	Common Stock (9000)	9000	Direct
Stock Option	$56.71	2025-05-04	Common Stock (11000)	11000	Direct

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

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.

F5: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

F6: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.

F7: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/14/13.

F8: Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/14.

F9: 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.