RLI (RLI) DEFA14A Additional proxy soliciting materials

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934 (Amendment No.    )

Filed by the Registrant ☒

Filed by a party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)

☐ Definitive Proxy Statement

☒ Definitive Additional Materials

☐ Soliciting Material Pursuant to Section 24 0.14a-12

RLI CORP.

...................................................................................................................................................................................

(Name of Registrant as Specified In Its Charter)

...................................................................................................................................................................................

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒ No fee required

☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11

(1)  Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3)  Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

☐ Fee paid previously with preliminary materials.

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously.  Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

(1)  Amount Previously Paid:

(2)  Form, Schedule or Registration Statement No.:

(3)  Filing Party:

(4)  Date Filed:

RLI Corp.

Supplement dated March 30, 2021

To The Proxy Statement Dated March 25, 2021

For the 2021 Annual Meeting of Shareholders

To Be Held May 6, 2021

On March 25, 2021, RLI Corp. (“RLI”) filed a definitive proxy statement (the “Proxy Statement”) with the Securities and Exchange Commission in connection with its 2021 Annual Meeting of Shareholders to be held on May 6, 2021 (the “Annual Meeting”).  RLI is providing this supplement to correct certain information with respect to Mr. Kliethermes’ base salary and total compensation for the years 2018 and 2019 in the table appearing on page 47 of the Proxy Statement under the heading “2020 Summary Compensation Table.” The information set forth below corrects this portion of the original table in the Proxy Statement. The footnotes and introduction to the table are provided in the original filing of the Proxy Statement and remain unchanged.

													Change In Pension
													Value and
											Non-Equity		Nonqualified
							Stock		Option		Incentive Plan		Deferred	All Other
Name and					Bonus		Awards		Awards		Compensation		Compensation	Compensation
Principal Position	Year		Salary ($)(1)		($)		($)		($)(2)		($)(3)		Earnings ($)	($)(4)(5)(6)		Total ($)
(a)	(b)		(c)		(d)		(e)		(f)		(g)		(h)	(i)		(j)
Craig W. Kliethermes		2020		525,000		0		0		527,600		2,235,030	–		48,092		3,335,722
President & Chief Operating Officer of the		2019		515,673		0		0		477,750		2,012,726	–		63,179		3,069,328
Company’s principal insurance subsidiaries		2018		490,385		0		0		412,400		928,914	–		29,550		1,861,249

Except as described above, this supplement to the Proxy Statement does not modify, amend, supplement, or otherwise affect the Proxy Statement. Please refer to the Proxy Statement for additional information regarding the Annual Meeting and voting instructions.