Susan S. Fleming - 05 May 2022 Form 4 Insider Report for RLI CORP (RLI)

Role: Director
Signature: /s/ Jeffrey D. Fick, attorney-in-fact for Ms. Fleming
Issuer symbol: RLI
Transactions as of: 05 May 2022
Transactions value $: $0
Form type: 4
Filing time: 09 May 2022, 16:11:30 UTC
Previous filing: 03 May 2022
Next filing: 20 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RLI	Common Stock	Options Exercise	$0	+663	+15%	$0	4,959	05 May 2022	Directors' Trust	F1
transaction	RLI	Common Stock	Other	$0	+18	+0.36%	$0	4,977	05 May 2022	Directors' Trust	F2
holding	RLI	Common Stock						1,915	05 May 2022	Direct

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	Restricted Stock Unit	Award	$0	+643		$0	643	05 May 2022	Common Stock	643		Direct	F3, F4
transaction	RLI	Restricted Stock Unit	Options Exercise	$0	-663	-100%	$0^*	0	05 May 2022	Common Stock	663		Direct	F1, F3, F5

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

Explanation of Responses:

Id	Content
F1	Shares acquired on the vesting of restricted stock units.
F2	Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
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. 2023 Annual Shareholders' Meeting or (2) one year after the date of grant.
F5	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.