RLI CORP — Director's Dealing 2019

Apr 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2019-04-22

Reporting Person: MICHAEL JONATHAN E (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-22	Common Stock	M	4000	—	Acquired	727308.6438	Direct
2019-04-22	Common Stock	M	4000	—	Acquired	731308.6438	Direct
2019-04-22	Common Stock	M	12000	—	Acquired	743308.6438	Direct
2019-04-22	Common Stock	M	12000	—	Acquired	755308.6438	Direct
2019-04-22	Common Stock	F	24067	$78.67	Disposed	731241.6438	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-22	Stock Option	$40.55	M	4000	Disposed	2021-11-01	Common Stock (4000)	Direct
2019-04-22	Stock Option	$35.43	M	4000	Disposed	2022-02-03	Common Stock (4000)	Direct
2019-04-22	Stock Option	$44.26	M	12000	Disposed	2022-11-03	Common Stock (12000)	Direct
2019-04-22	Stock Option	$46.82	M	12000	Disposed	2023-02-02	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	249204.8777	Indirect
Common Stock	134154.073	Indirect
Common Stock	54141.3762	Indirect
Common Stock	14486.4687	Indirect
Common Stock	22777.8139	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.