RLI CORP — Director's Dealing 2020

Nov 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-11-16

Reporting Person: FICK JEFFREY D (SVP, Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-16	Common Stock	M	2700	$47.61	Acquired	57829.6429	Direct
2020-11-16	Common Stock	M	4000	$64.09	Acquired	61829.6429	Direct
2020-11-16	Common Stock	M	3600	$56.71	Acquired	65429.6429	Direct
2020-11-16	Common Stock	F	7707	$105.02	Disposed	57722.6429	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-16	Stock Option	$47.61	M	2700	Disposed	2023-05-07	Common Stock (2700)	Direct
2020-11-16	Stock Option	$64.09	M	4000	Disposed	2024-05-05	Common Stock (4000)	Direct
2020-11-16	Stock Option	$56.71	M	3600	Disposed	2025-05-04	Common Stock (3600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11735.1924	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$89.28	2028-11-02	Common Stock (4167)	4167	Direct
Stock Option	$93.24	2028-08-21	Common Stock (4166)	4166	Direct
Stock Option	$63.14	2026-05-03	Common Stock (15000)	15000	Direct
Stock Option	$82.66	2027-05-02	Common Stock (15000)	15000	Direct

Footnotes

F1: Ownership 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.