RLI CORP — Director's Dealing 2023

Feb 1, 2023

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2022-12-31

Reporting Person: Davis Seth Anthony (Vice President, Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3808.1436	Direct
Common Stock	5030.201	Indirect
Common Stock	13998.9421	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$40.61	2023-05-07	Common Stock (9000)	9000	Direct
Stock Option	$57.09	2024-05-05	Common Stock (6000)	6000	Direct
Stock Option	$49.71	2025-05-04	Common Stock (9000)	9000	Direct
Stock Option	$56.14	2026-05-03	Common Stock (7000)	7000	Direct
Stock Option	$75.66	2027-05-02	Common Stock (6000)	6000	Direct
Stock Option	$86.24	2028-08-21	Common Stock (5000)	5000	Direct
Stock Option	$106.02	2029-05-06	Common Stock (4000)	4000	Direct
Restricted Stock Unit	$		Common Stock (150)	150	Direct
Restricted Stock Unit	$		Common Stock (150)	150	Direct
Stock Option	$109.60	2030-05-05	Common Stock (4000)	4000	Direct
Restricted Stock Unit	$		Common Stock (200)	200	Direct

Footnotes

F1: Ownership reflects dividend reinvestment

F2: Balance reflects annual company contributions and dividend reinvestment.

F3: Exercise price reflects prior adjustments as a result of special dividends.

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.

F6: Upon vesting, each restricted stock unit represents the right to receive one share of common stock.

F7: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.

F8: These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.