RLI CORP — Director's Dealing 2022

Dec 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2022-12-02

Reporting Person: Diefenthaler Aaron Paul (CIO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-02	Common Stock	M	12000	$40.61	Acquired	33111.4019	Direct
2022-12-02	Common Stock	F	7375	$131.85	Disposed	25736.4019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-02	Stock Option	$40.61	M	12000	Disposed	2023-05-07	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3740.6533	Indirect
Common Stock	1362.1875	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$86.24	2028-08-21	Common Stock (12500)	12500	Direct
Stock Option	$106.02	2029-05-06	Common Stock (8000)	8000	Direct
Stock Option	$109.60	2030-05-05	Common Stock (19000)	19000	Direct
Stock Option	$57.09	2024-05-05	Common Stock (9000)	9000	Direct
Stock Option	$49.71	2025-05-04	Common Stock (11000)	11000	Direct
Stock Option	$56.14	2026-05-03	Common Stock (9000)	9000	Direct
Stock Option	$75.66	2027-05-02	Common Stock (7500)	7500	Direct

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Stock option grant price adjusted to reflect $2.00 extraordinary dividend declared 11-12-15.

F4: Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.

F5: 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.