Kaj Ahlmann - 31 Dec 2021 Form 5 Insider Report for RLI CORP (RLI)

Role: Director
Signature: /s/ Jeffrey D. Fick, attorney-in-fact for Kaj Ahlmann
Issuer symbol: RLI
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 5
Filing time: 09 Feb 2022, 12:04:17 UTC
Previous filing: 10 May 2021
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						1,984	31 Dec 2021	Direct	F1
holding	RLI	Common Stock						9,426	31 Dec 2021	Directors' Trust	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	31 Dec 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	Ownership reflects dividend reinvestment
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.