Seth A. Davis - 02 May 2024 Form 4 Insider Report for RLI CORP (RLI)

Role: VICE PRESIDENT, CONTROLLER
Signature: /s/ Seth Anthony Davis
Issuer symbol: RLI
Transactions as of: 02 May 2024
Net transactions value: $0
Form type: 4
Filing time: 06 May 2024, 16:10:49 UTC
Previous filing: 05 Feb 2024
Next filing: 07 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RLI	Common Stock						9,494	02 May 2024	Direct
holding	RLI	Common Stock						5,158	02 May 2024	RLI Corp. Executive Deferred Compensation Plan	F1
holding	RLI	Common Stock						14,371	02 May 2024	RLI Corp. Employee Stock Ownership Plan	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
transaction	RLI	Restricted Stock Unit	Award	$0	+150		$0.000000	150	02 May 2024	Common Stock	150		Direct	F3, F4
transaction	RLI	Stock Option	Award	$0	+2,750		$0.000000	2,750	02 May 2024	Common Stock	2,750	$143.15	Direct	F5

* 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	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 third anniversary of the date of grant.
F5	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.