UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 5, 2011

 

 

RLI Corp.

(Exact name of registrant as specified in its charter)

 

Illinois

 

001-09463

 

37-0889946

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

9025 North Lindbergh Drive, Peoria, IL

 

61615

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (309) 692-1000

 

Not applicable

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.07               Submission of Matters to a Vote of Security Holders.

 

On May 5, 2011, RLI Corp. (“RLI”) held its annual meeting of stockholders (“Annual Meeting”). Matters voted upon at the Annual Meeting were (1) election of directors, (2) approval of the Company’s annual incentive compensation plan, (3) ratification of the selection of KPMG LLP as the Company’s independent registered public accounting firm for the current fiscal year, (4) approval of  a non-binding, advisory resolution on the compensation of the Company’s named executive officers, and (5) non-binding, advisory vote on the frequency of voting on the compensation of the Company’s named executive officers.

 

The final results of voting on each of the matters submitted to a vote of stockholders during the Annual Meeting are as follows.

 

 

 

 

 

For

 

Withheld

 

Broker 
Non-Votes

 

1.

 

Election of Directors:

 

 

 

1,667,979

 

 

 

Kaj Ahlmann

 

18,193,478

 

216,621

 

 

 

 

Barbara R. Allen

 

17,885,306

 

524,793

 

 

 

 

John T. Baily

 

18,176,524

 

233,575

 

 

 

 

Jordan W. Graham

 

17,868,437

 

541,662

 

 

 

 

Gerald I. Lenrow

 

17,974,664

 

435,435

 

 

 

 

Charles M. Linke

 

18,170,677

 

239,422

 

 

 

 

F. Lynn McPheeters

 

17,988,485

 

421,614

 

 

 

 

Jonathan E. Michael

 

18,012,858

 

397,241

 

 

 

 

Robert O. Viets

 

18,166,209

 

243,890

 

 

 

 

 

 

 

For

 

Against

 

Abstentions

 

Broker 
Non-Votes

 

2.

 

Approval of annual incentive compensation plan

 

17,930,075

 

221,004

 

259,020

 

1,667,979

 

 

2



 

 

 

 

For

 

Against

 

Abstentions

 

Broker 
Non-Votes

 

3.

Ratification of KPMG LLP as independent registered public accounting firm

 

19,832,925

 

212,939

 

32,214

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For

 

Against

 

Abstentions

 

Broker 
Non-Votes

 

4.

Approval of non-binding, advisory vote approving the compensation of Company’s named executive officers

 

17,421,086

 

630,977

 

358,036

 

1,667,979

 

 

 

 

 

1 Year

 

2 Years

 

3 Years

 

Abstentions

 

Broker 
Non-Votes

 

5.

Non-binding, advisory vote on frequency of voting on compensation of Company’s named executive officers

 

10,500,529

 

345,795

 

7,226,360

 

337,415

 

 

 

Item 8.01  Other Events.

 

On May 5, 2011, RLI Corp. announced that its Board of Directors approved a quarterly dividend on its common stock of $0.30 per share.  The dividend is payable on June 20, 2011, to shareholders of record as of May 31, 2011.  Furnished as Exhibit 99.1 and incorporated herein by reference is the press release issued by RLI Corp.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release dated May 5, 2011.

 

 

This Exhibit is furnished pursuant to Item 8.01 hereof and should not be deemed to be “filed” under the Securities Exchange Act of 1934.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

RLI CORP.

 

 

Date: May 6, 2011

By:

/s/ Daniel O. Kennedy

 

Daniel O. Kennedy

 

Vice President and General Counsel

 

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EXHIBIT INDEX

 

Exhibit No.

 

Exhibit

 

 

 

99.1

 

Press Release dated May 5, 2011

 

 

This Exhibit is furnished pursuant to Item 8.01 hereof and should not be deemed to be “filed” under the Securities Exchange Act of 1934.

 

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