RLI CORP — Director's Dealing 2019

May 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2019-05-21

Reporting Person: Klobnak Jennifer L (Sr. VP, Operations - RLI Ins.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-21	Common Stock	M	9000	$38.21	Acquired	23468.165	Direct
2019-05-21	Common Stock	F	5486	$85.34	Disposed	17982.165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-21	Stock Option	$38.21	M	9000	Disposed	2022-05-01	Common Stock (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16354.0834	Indirect

Footnotes

F1: Balance reflects dividend reinvestment.

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Exercise price reflects prior adjustments as a result of special dividends.

F4: 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.