Sec Form 4/A Filing - Brown Thomas Lynn @ RLI CORP - 2019-04-23

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brown Thomas Lynn
2. Issuer Name and Ticker or Trading Symbol
RLI CORP [ RLI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. VP, CFO
(Last) (First) (Middle)
9025 N. LINDBERGH DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
04/23/2019
(Street)
PEORIA, IL61615
4. If Amendment, Date Original Filed (MM/DD/YY)
04/24/2019
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/23/2019 M 6,400 A $ 56.71 ( 1 ) 55,216.049 D ( 2 )
Common Stock 7,343.1217 I ( 2 ) By Executive Deferred Compensation
Common Stock 3,266.5346 I Employee Stock Ownership Plan - ESOP ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 56.71 04/23/2019 M 6,400 05/04/2018( 4 ) 05/04/2025 Common Stock 6,400 ( 1 ) 25,600 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brown Thomas Lynn
9025 N. LINDBERGH DRIVE
PEORIA, IL61615
Sr. VP, CFO
Signatures
/s/ Thomas Lynn Brown 04/25/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 amendment is being filed to correct the "Price" reported in Column 4 for this acquisition of shares upon an option exercise, which was inadvertently reported as "$0" in the original Form 4 and now correctly reflects the option exercise price.
( 2 )Ownership reflects dividend reinvestment
( 3 )Balance reflects annual company contributions and dividend reinvestment.
( 4 )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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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