RLI CORP — Director's Dealing 2022

Nov 29, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2022-11-25

Reporting Person: Kliethermes Craig W (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-25	Common Stock	M	16000	$63.14	Acquired	71951	Direct
2022-11-25	Common Stock	F	11297	$133.72	Disposed	60654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-25	Stock Option	$63.14	M	16000	Disposed	2026-05-03	Common Stock (16000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6718.6242	Indirect
Common Stock	10408.712	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$93.24	2028-08-21	Common Stock (20000)	20000	Direct
Stock Option	$113.02	2029-05-06	Common Stock (14000)	14000	Direct
Stock Option	$116.60	2030-05-05	Common Stock (75000)	75000	Direct
Stock Option	$82.66	2027-05-02	Common Stock (21000)	21000	Direct

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F3: 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.