RLI CORP — Director's Dealing 2019

May 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2019-05-10

Reporting Person: Bryant Todd Wayne (VP, Finance & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-10	Common Stock	M	2400	$38.21	Acquired	20429	Direct
2019-05-10	Common Stock	M	2400	$47.61	Acquired	22829	Direct
2019-05-10	Common Stock	F	3493	$83.95	Disposed	19336	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-10	Stock Option	$38.21	M	2400	Disposed	2022-05-01	Common Stock (2400)	Direct
2019-05-10	Stock Option	$47.61	M	2400	Disposed	2023-05-07	Common Stock (2400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25592.8809	Indirect

Footnotes

F1: Balance reflects annual company contributions and 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: 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.