RLI CORP — Director's Dealing 2023

Feb 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2023-01-30

Reporting Person: MICHAEL JONATHAN E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-30	Common Stock	M	2000	$54.27	Acquired	718042.1296	Direct
2023-01-30	Common Stock	M	1750	$57.09	Acquired	719792.1296	Direct
2023-01-30	Common Stock	M	1750	$61.66	Acquired	721542.1296	Direct
2023-01-30	Common Stock	M	1750	$47.81	Acquired	723292.1296	Direct
2023-01-30	Common Stock	M	3500	$52.77	Acquired	726792.1296	Direct
2023-01-30	Common Stock	M	6000	$49.71	Acquired	732792.1296	Direct
2023-01-30	Common Stock	M	6000	$51.01	Acquired	738792.1296	Direct
2023-01-30	Common Stock	M	12000	$57.42	Acquired	750792.1296	Direct
2023-01-30	Common Stock	M	11000	$56.14	Acquired	761792.1296	Direct
2023-01-30	Common Stock	M	11000	$68.57	Acquired	772792.1296	Direct
2023-01-30	Common Stock	M	8250	$65.75	Acquired	781042.1296	Direct
2023-01-30	Common Stock	M	8250	$59.16	Acquired	789292.1296	Direct
2023-01-30	Common Stock	F	52845	$130.05	Disposed	736447.1296	Direct
2023-01-30	Common Stock	M	3000	$51.73	Acquired	739447.1296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-30	Stock Option	$54.27	M	2000	Disposed	2024-02-01	Common Stock (2000)	Direct
2023-01-30	Stock Option	$57.09	M	1750	Disposed	2024-05-05	Common Stock (1750)	Direct
2023-01-30	Stock Option	$61.66	M	1750	Disposed	2024-08-01	Common Stock (1750)	Direct
2023-01-30	Stock Option	$47.81	M	1750	Disposed	2024-11-01	Common Stock (1750)	Direct
2023-01-30	Stock Option	$52.77	M	3500	Disposed	2025-02-01	Common Stock (3500)	Direct
2023-01-30	Stock Option	$49.71	M	6000	Disposed	2025-05-04	Common Stock (6000)	Direct
2023-01-30	Stock Option	$51.01	M	6000	Disposed	2025-08-01	Common Stock (6000)	Direct
2023-01-30	Stock Option	$57.42	M	12000	Disposed	2026-02-01	Common Stock (12000)	Direct
2023-01-30	Stock Option	$56.14	M	11000	Disposed	2026-05-03	Common Stock (11000)	Direct
2023-01-30	Stock Option	$68.59	M	11000	Disposed	2026-08-01	Common Stock (11000)	Direct
2023-01-30	Stock Option	$65.75	M	8250	Disposed	2026-11-01	Common Stock (8250)	Direct
2023-01-30	Stock Option	$59.16	M	8250	Disposed	2027-02-01	Common Stock (8250)	Direct
2023-01-30	Stock Option	$51.73	M	3000	Disposed	2025-11-01	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	268262.1007	Indirect
Common Stock	61514.4106	Indirect
Common Stock	19485.4078	Indirect
Common Stock	0	Indirect
Common Stock	152423.3547	Indirect

Footnotes

F1: Ownership 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 11-10-2022.

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.