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RLI CORP Director's Dealing 2021

May 4, 2021

30928_dirs_2021-05-04_33512fbe-fe8b-4b78-9941-0ad4b481e96c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2021-05-03

Reporting Person: Bryant Todd Wayne (VP, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-03 Common Stock J 21.0572 Acquired 23963.0572 Direct
2021-05-03 Common Stock M 300 Acquired 24263.0572 Direct
2021-05-03 Common Stock F 143.0572 $112.84 Disposed 24120 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-03 Restricted Stock Unit $ M 300 Disposed Common Stock (300) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 27133.6784 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $97.64 2029-02-01 Common Stock (5000) 5000 Direct
Stock Option $93.24 2028-08-21 Common Stock (5000) 5000 Direct
Stock Option $89.28 2028-11-02 Common Stock (5000) 5000 Direct
Stock Option $96.32 2027-11-01 Common Stock (3750) 3750 Direct
Stock Option $64.09 2024-05-05 Common Stock (1800) 1800 Direct
Stock Option $56.71 2025-05-04 Common Stock (4400) 4400 Direct
Stock Option $63.14 2026-05-03 Common Stock (9000) 9000 Direct
Stock Option $82.66 2027-05-02 Common Stock (3750) 3750 Direct
Stock Option $89.47 2027-08-01 Common Stock (3750) 3750 Direct
Stock Option $94.62 2028-02-03 Common Stock (3750) 3750 Direct

Footnotes

F1: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.

F2: Shares acquired on the vesting of restricted stock units.

F3: Balance reflects annual company contributions and dividend reinvestment.

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: 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.