Todd W. Bryant - 01 Feb 2022 Form 4 Insider Report for RLI CORP (RLI)

Role: VP, CFO
Signature: /s/ Todd W. Bryant
Issuer symbol: RLI
Transactions as of: 01 Feb 2022
Net transactions value: +$314,550
Form type: 4
Filing time: 02 Feb 2022, 12:54:30 UTC
Previous filing: 02 Feb 2022
Next filing: 09 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RLI	Common Stock						24,120	01 Feb 2022	Direct
holding	RLI	Common Stock						27,828	01 Feb 2022	Employee Stock Ownership Plan	F1

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
transaction	RLI	Stock Option	Award	$314,550	+3,000		$104.85	3,000	01 Feb 2022	Common Stock	3,000	$104.85	Direct	F2
holding	RLI	Stock Option						5,000	01 Feb 2022	Common Stock	5,000	$97.64	Direct	F2
holding	RLI	Stock Option						3,000	01 Feb 2022	Common Stock	3,000	$108.07	Direct	F2
holding	RLI	Stock Option						5,000	01 Feb 2022	Common Stock	5,000	$93.24	Direct	F2
holding	RLI	Stock Option						3,000	01 Feb 2022	Common Stock	3,000	$110.02	Direct	F2
holding	RLI	Stock Option						5,000	01 Feb 2022	Common Stock	5,000	$89.28	Direct	F2
holding	RLI	Stock Option						3,000	01 Feb 2022	Common Stock	3,000	$113.02	Direct	F2
holding	RLI	Stock Option						3,750	01 Feb 2022	Common Stock	3,750	$96.32	Direct	F2
holding	RLI	Stock Option						1,800	01 Feb 2022	Common Stock	1,800	$64.09	Direct	F2
holding	RLI	Stock Option						4,400	01 Feb 2022	Common Stock	4,400	$56.71	Direct	F2
holding	RLI	Stock Option						9,000	01 Feb 2022	Common Stock	9,000	$63.14	Direct	F2
holding	RLI	Stock Option						3,750	01 Feb 2022	Common Stock	3,750	$82.66	Direct	F2
holding	RLI	Stock Option						3,750	01 Feb 2022	Common Stock	3,750	$89.47	Direct	F2
holding	RLI	Stock Option						3,750	01 Feb 2022	Common Stock	3,750	$94.62	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Balance reflects annual company contributions and dividend reinvestment.
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.