STONE MICHAEL J - 01 Jun 2022 Form 4 Insider Report for RLI CORP (RLI)

Role: Director
Signature: /s/ Jeffrey D. Fick, attorney-in-fact for Michael J. Stone
Issuer symbol: RLI
Transactions as of: 01 Jun 2022
Net transactions value: -$1,185,200
Form type: 4
Filing time: 02 Jun 2022, 11:04:37 UTC
Previous filing: 09 May 2022
Next filing: 01 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RLI	Common Stock	Sale	$1,185,200	-10,000	-4.3%	$118.52	223,346	01 Jun 2022	Direct	F1
holding	RLI	Common Stock						135	01 Jun 2022	By Spouse
holding	RLI	Common Stock						1,580	01 Jun 2022	By Spouse, Custodian UTMA-FL

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						643	01 Jun 2022	Common Stock	643		Direct	F2, F3

* 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	Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
F3	These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.