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: Davis Seth Anthony (Vice President, Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-21	Stock Option	$93.24	A	5000	Acquired	2028-08-21	Common Stock (5000)	Direct
2020-08-21	Restricted Stock Unit	$	A	200	Acquired		Common Stock (200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	152	Direct
Common Stock	4536.7532	Indirect
Common Stock	12911.9481	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$38.21	2022-05-01	Common Stock (9000)	9000	Direct
Stock Option	$47.61	2023-05-07	Common Stock (9000)	9000	Direct
Stock Option	$64.09	2024-05-05	Common Stock (6000)	6000	Direct
Stock Option	$56.71	2025-05-04	Common Stock (9000)	9000	Direct
Stock Option	$63.14	2026-05-03	Common Stock (7000)	7000	Direct
Stock Option	$82.66	2027-05-02	Common Stock (6000)	6000	Direct
Restricted Stock Unit	$		Common Stock (250)	250	Direct
Restricted Stock Unit	$		Common Stock (250)	250	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: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F5: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.

F6: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.

F7: Exercise price reflects prior adjustments as a result of special dividends.