RLI CORP — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2021-01-04

Reporting Person: STONE MICHAEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-11	Common Stock	G	2000	$100.37	Disposed	233370.1688	Direct
2020-12-09	Common Stock	G	19869	$100.76	Disposed	968.55	Indirect
2021-01-04	Common Stock	J	3287.523	—	Disposed	0	Indirect
2021-01-04	Common Stock	J	3287.523	—	Acquired	237626.2418	Direct
2021-01-04	Common Stock	S	1380	$101.61	Disposed	236246.2418	Direct
2020-12-11	Common Stock	J	968.55	$100.88	Disposed	0	Indirect
2020-12-11	Common Stock	J	968.55	$100.88	Acquired	234338.7188	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1580	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (536)	536	Direct

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Quarterly distribution from the RLI Corp. Executive Deferred Compensation Plan to Michael J. Stone.

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

F4: Share distribution from the M. J .Stone Grantor Retained Annuity Trust to M. J. Stone.

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 earlier of (1) the date of the RLI Corp. 2021 Annual Shareholders' Meeting or (2) one year after the date of grant.