RLI CORP — Director's Dealing 2024

Feb 26, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2024-02-22

Reporting Person: MICHAEL JONATHAN E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-22	Common Stock	M	3000	$51.73	Acquired	738967.1296	Direct
2024-02-22	Common Stock	M	3000	$57.42	Acquired	741967.1296	Direct
2024-02-22	Common Stock	M	2750	$56.14	Acquired	744717.1296	Direct
2024-02-22	Common Stock	M	2750	$68.59	Acquired	747467.1296	Direct
2024-02-22	Common Stock	M	5500	$65.75	Acquired	752967.1296	Direct
2024-02-22	Common Stock	M	5500	$59.16	Acquired	758467.1296	Direct
2024-02-22	Common Stock	F	15206	$145.53	Disposed	743261.1296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-22	Stock Option	$51.73	M	3000	Disposed	2025-11-01	Common Stock (3000)	Direct
2024-02-22	Stock Option	$57.42	M	3000	Disposed	2026-02-01	Common Stock (3000)	Direct
2024-02-22	Stock Option	$56.14	M	2750	Disposed	2026-05-03	Common Stock (2750)	Direct
2024-02-22	Stock Option	$68.59	M	2750	Disposed	2026-08-01	Common Stock (2750)	Direct
2024-02-22	Stock Option	$65.75	M	5500	Disposed	2026-11-01	Common Stock (5500)	Direct
2024-02-22	Stock Option	$59.16	M	5500	Disposed	2027-02-01	Common Stock (5500)	Direct

Footnotes

F1: Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.

F2: 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.