RLI CORP — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-11-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-07	Common Stock	J	1254	$92.26	Disposed	20781.8284	Indirect
2020-08-07	Common Stock	J	1254	$92.26	Acquired	744995.6436	Direct
2020-08-17	Common Stock	G	12000	$90.75	Disposed	732995.6436	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-02	Stock Option	$89.28	A	13333	Acquired	2028-11-02	Common Stock (13333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	256396.9915	Indirect
Common Stock	55636.1716	Indirect
Common Stock	0	Indirect
Common Stock	0	Indirect
Common Stock	0	Indirect
Common Stock	0	Indirect
Common Stock	137857.9557	Indirect
Common Stock	11711	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$93.24	2028-08-21	Common Stock (13333)	13333	Direct
Stock Option	$96.32	2027-11-01	Common Stock (12500)	12500	Direct
Stock Option	$44.26	2022-11-03	Common Stock (3000)	3000	Direct
Stock Option	$46.82	2023-02-02	Common Stock (3000)	3000	Direct
Stock Option	$47.61	2023-05-07	Common Stock (2000)	2000	Direct
Stock Option	$54.14	2023-08-03	Common Stock (4000)	4000	Direct
Stock Option	$59.04	2023-11-02	Common Stock (4000)	4000	Direct
Stock Option	$61.27	2024-02-01	Common Stock (10000)	10000	Direct
Stock Option	$64.09	2024-05-05	Common Stock (8750)	8750	Direct
Stock Option	$68.66	2024-08-01	Common Stock (8750)	8750	Direct
Stock Option	$54.81	2024-11-01	Common Stock (8750)	8750	Direct
Stock Option	$59.77	2025-02-01	Common Stock (8750)	8750	Direct
Stock Option	$56.71	2025-05-04	Common Stock (15000)	15000	Direct
Stock Option	$58.01	2025-08-01	Common Stock (15000)	15000	Direct
Stock Option	$58.73	2025-11-01	Common Stock (15000)	15000	Direct
Stock Option	$64.42	2026-02-01	Common Stock (15000)	15000	Direct
Stock Option	$63.14	2026-05-03	Common Stock (13750)	13750	Direct
Stock Option	$75.59	2026-08-01	Common Stock (13750)	13750	Direct
Stock Option	$72.75	2026-11-01	Common Stock (13750)	13750	Direct
Stock Option	$66.16	2027-02-01	Common Stock (13750)	13750	Direct
Stock Option	$82.66	2027-05-02	Common Stock (12500)	12500	Direct
Stock Option	$89.47	2027-08-01	Common Stock (12500)	12500	Direct
Stock Option	$94.62	2028-02-03	Common Stock (12500)	12500	Direct

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: 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.

F4: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

F5: Stock option grant price adjusted to reflect $3.00 extraordinary dividend declared 11/13/14.