RLI CORP — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2021-03-12

Reporting Person: Bryant Todd Wayne (VP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-12	Common Stock	M	7200	$64.09	Acquired	27426	Direct
2021-03-12	Common Stock	F	5382	$117.25	Disposed	22044	Direct
2021-03-12	Common Stock	M	6600	$56.71	Acquired	28644	Direct
2021-03-12	Common Stock	F	4702	$117.25	Disposed	23942	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-12	Stock Option	$64.09	M	7200	Disposed	2024-05-05	Common Stock (7200)	Direct
2021-03-12	Stock Option	$56.71	M	6600	Disposed	2025-05-04	Common Stock (6600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27075.9734	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
Restricted Stock Unit	$		Common Stock (300)	300	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: Balance reflects annual company contributions and dividend reinvestment.

F2: 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.

F3: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F4: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.