RLI CORP — Director's Dealing 2020

May 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-05-04

Reporting Person: Diefenthaler Aaron Paul (VP, CIO, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-04	Common Stock	M	300	—	Acquired	20870.2849	Direct
2020-05-04	Common Stock	J	28	—	Acquired	20898.2849	Direct
2020-05-04	Common Stock	F	146	$73.26	Disposed	20752.2849	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-04	Restricted Stock Unit	$	M	300	Disposed		Common Stock (300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3150.8946	Indirect
Common Stock	1296.5645	Indirect

Footnotes

F1: Shares acquired on the vesting of restricted stock units.

F2: Ownership reflects dividend reinvestment

F3: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.

F4: Balance reflects annual company contributions and dividend reinvestment.

F5: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

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