Aaron P. Diefenthaler - May 4, 2023 Form 4 Insider Report for RLI CORP (RLI)

Role: CIO & Treasurer
Signature: /s/ Aaron Paul Diefenthaler
Stock symbol: RLI
Transactions as of: May 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/8/2023, 04:00 PM
Previous filing: Feb 1, 2023
Next filing: Nov 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RLI	Common Stock						25.7K	May 4, 2023	Direct	F1
holding	RLI	Common Stock						4.13K	May 4, 2023	Employee Stock Ownership Plan - ESOP	F2
holding	RLI	Common Stock						1.44K	May 4, 2023	By Executive Deferred Compensation	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	$0	+7.5K		$0.00	7.5K	May 4, 2023	Common Stock	7.5K	$136.59	Direct	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	Balance reflects annual company contributions and dividend reinvestment.
F3	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.