RLI CORP — Director's Dealing 2020

Aug 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-08-21

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-21	Stock Option	$93.24	A	13333	Acquired	2028-08-21	Common Stock (13333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	743741.6436	Direct
Common Stock	255679.6769	Indirect
Common Stock	55480.0366	Indirect
Common Stock	22035.8284	Indirect
Common Stock	137471.0757	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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.