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: Davis Seth Anthony (Vice President, Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-04	Restricted Stock Unit	$	A	150	Acquired		Common Stock (150)	Direct
2023-05-04	Stock Option	$136.59	A	3000	Acquired	2031-05-04	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7434.1436	Direct
Common Stock	5040.298	Indirect
Common Stock	14177.356	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F4: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.

F5: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.

F6: 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.