Calvin Butler Jr. - 29 Jul 2021 Form 4 Insider Report for RLI CORP (RLI)

Role: Director
Signature: /s/ Jeffrey D. Fick, attorney-in-fact for Mr. Butler
Issuer symbol: RLI
Transactions as of: 29 Jul 2021
Net transactions value: +$13,125
Form type: 4
Filing time: 30 Jul 2021, 16:46:52 UTC
Previous filing: 10 May 2021
Next filing: 01 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RLI	Common Stock	Other	$13,125	+120	+1.3%	$109.55	9,370	29 Jul 2021	by Directors' Trust	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	RLI	Restricted Stock Unit						663	29 Jul 2021	Common Stock	663		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
F2	Ownership reflects 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 earlier of (1) the date of the RLI Corp. 2022 Annual Shareholders' Meeting or (2) one year after the date of grant.