RLI CORP — Director's Dealing 2021

May 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2021-03-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-19	Common Stock	G	8535	$112.16	Disposed	733349.1296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-06	Stock Option	$113.02	A	7000	Acquired	2029-05-06	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	260098.73	Indirect
Common Stock	56398.6506	Indirect
Common Stock	20935.3069	Indirect
Common Stock	139747.2677	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$97.64	2029-02-01	Common Stock (13334)	13334	Direct
Stock Option	$93.24	2028-08-21	Common Stock (13333)	13333	Direct
Stock Option	$89.28	2028-11-02	Common Stock (13333)	13333	Direct
Stock Option	$96.32	2027-11-01	Common Stock (12500)	12500	Direct
Stock Option	$61.27	2024-02-01	Common Stock (2000)	2000	Direct
Stock Option	$64.09	2024-05-05	Common Stock (1750)	1750	Direct
Stock Option	$68.66	2024-08-01	Common Stock (1750)	1750	Direct
Stock Option	$54.81	2024-11-01	Common Stock (1750)	1750	Direct
Stock Option	$59.77	2025-02-01	Common Stock (3500)	3500	Direct
Stock Option	$56.71	2025-05-04	Common Stock (6000)	6000	Direct
Stock Option	$58.01	2025-08-01	Common Stock (6000)	6000	Direct
Stock Option	$58.73	2025-11-01	Common Stock (6000)	6000	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.