RLI CORP — Director's Dealing 2020

Nov 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-11-10

Reporting Person: Kliethermes Craig W (President & COO-RLI Ins)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-10	Common Stock	M	8000	$47.61	Acquired	107989.14	Direct
2020-11-10	Common Stock	F	5639	$101.28	Disposed	102350.14	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-10	Stock Option	$47.61	M	8000	Disposed	2023-05-07	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12699.7511	Indirect
Common Stock	19881.2377	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$93.24	2028-08-21	Common Stock (40000)	40000	Direct
Stock Option	$64.09	2024-05-05	Common Stock (30000)	30000	Direct
Stock Option	$56.71	2025-05-04	Common Stock (25200)	25200	Direct
Stock Option	$63.14	2026-05-03	Common Stock (40000)	40000	Direct
Stock Option	$82.66	2027-05-02	Common Stock (35000)	35000	Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

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.