RLI CORP — Director's Dealing 2022

Dec 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2022-12-13

Reporting Person: Klobnak Jennifer L (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-13	Common Stock	M	22000	$49.71	Acquired	47707.165	Direct
2022-12-13	Common Stock	F	14470	$128.97	Disposed	33237.165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-13	Stock Option	$49.71	M	22000	Disposed	2025-05-04	Common Stock (22000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18337.1816	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$86.24	2028-08-21	Common Stock (20000)	20000	Direct
Stock Option	$106.02	2029-05-06	Common Stock (14000)	14000	Direct
Stock Option	$109.60	2030-05-05	Common Stock (43000)	43000	Direct
Stock Option	$56.14	2026-05-03	Common Stock (20000)	20000	Direct
Stock Option	$75.66	2027-05-02	Common Stock (20000)	20000	Direct

Footnotes

F1: Balance reflects dividend reinvestment.

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-1-2022.

F4: 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.