RLI CORP — Director's Dealing 2023

May 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2023-05-04

Reporting Person: Duclos David B. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-04	Common Stock	M	643	—	Acquired	5501.735	Indirect
2023-05-04	Common Stock	J	40	—	Acquired	5541.735	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-04	Restricted Stock Unit	$	A	732	Acquired		Common Stock (732)	Direct
2023-05-04	Restricted Stock Unit	$	M	643	Disposed		Common Stock (643)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2572.32	Direct

Footnotes

F1: Shares acquired on the vesting of restricted stock units.

F2: Ownership reflects dividend reinvestment

F3: Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.

F4: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F5: These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2024 Annual Shareholders' Meeting or (2) one year after the date of grant.

F6: These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.