Todd W. Bryant - Aug 2, 2021 Form 4 Insider Report for RLI CORP (RLI)

Role: VP, CFO
Signature: /s/ Todd W. Bryant
Stock symbol: RLI
Transactions as of: Aug 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/2/2021, 05:36 PM
Previous filing: May 10, 2021
Next filing: Nov 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RLI	Common Stock						24.1K	Aug 2, 2021	Direct
holding	RLI	Common Stock						27.2K	Aug 2, 2021	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	$0	+3K		$0.00	3K	Aug 2, 2021	Common Stock	3K	$108.07	Direct	F2
holding	RLI	Stock Option						5K	Aug 2, 2021	Common Stock	5K	$97.64	Direct	F2
holding	RLI	Stock Option						5K	Aug 2, 2021	Common Stock	5K	$93.24	Direct	F2
holding	RLI	Stock Option						5K	Aug 2, 2021	Common Stock	5K	$89.28	Direct	F2
holding	RLI	Stock Option						3K	Aug 2, 2021	Common Stock	3K	$113.02	Direct	F2
holding	RLI	Stock Option						3.75K	Aug 2, 2021	Common Stock	3.75K	$96.32	Direct	F2
holding	RLI	Stock Option						1.8K	Aug 2, 2021	Common Stock	1.8K	$64.09	Direct	F2
holding	RLI	Stock Option						4.4K	Aug 2, 2021	Common Stock	4.4K	$56.71	Direct	F2
holding	RLI	Stock Option						9K	Aug 2, 2021	Common Stock	9K	$63.14	Direct	F2
holding	RLI	Stock Option						3.75K	Aug 2, 2021	Common Stock	3.75K	$82.66	Direct	F2
holding	RLI	Stock Option						3.75K	Aug 2, 2021	Common Stock	3.75K	$89.47	Direct	F2
holding	RLI	Stock Option						3.75K	Aug 2, 2021	Common Stock	3.75K	$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.