RLI CORP — Director's Dealing 2019

May 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2019-05-02

Reporting Person: Angelina Michael E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-02	Common Stock	M	792	—	Acquired	8987.295	Direct
2019-05-02	Common Stock	J	21	—	Acquired	9008.295	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-02	Restricted Stock Unit	$	M	792	Disposed		Common Stock (792)	Direct
2019-05-02	Restricted Stock Unit	$	A	605	Acquired		Common Stock (605)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4931.2643	Indirect

Footnotes

F1: Shares acquired on the vesting of restricted stock units.

F2: Ownership reflects dividend reinvestment

F3: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.

F4: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F5: These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2019 Annual Shareholders Meeting or (2) one year after the date of grant.

F6: These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2020 Annual Shareholders' Meeting or (2) one year after the date of grant.