RLI CORP — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2020-01-02

Reporting Person: STONE MICHAEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Common Stock	J	3382	—	Disposed	12882.1424	Indirect
2020-01-02	Common Stock	J	3382	—	Acquired	246355.1688	Direct
2020-01-02	Common Stock	S	1494	$89.23	Disposed	244861.1688	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20837.55	Indirect
Common Stock	1580	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (605)	605	Direct

Footnotes

F1: Quarterly distribution from the RLI Corp. Executive Deferred Compensation Plan to Michael J. Stone.

F2: Ownership reflects dividend reinvestment

F3: Sale of shares re payment of tax liability on quarterly deferred compensation distribution.

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 earlier of (1) the date of the RLI Corp. 2020 Annual Shareholders' Meeting or (2) one year after the date of grant.