X0306 4 2014-05-05 0 0000074260 OLD REPUBLIC INTERNATIONAL CORP ORI 0001305282 MUELLER KARL W 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601 0 1 0 0 Sr VP & CFO 2014 Employee Stock Option 16.06 2014-05-05 4 A 0 35000 0 A 2014-12-31 2024-03-19 Common Stock 35000 35000 D Date of notification to the optionee. These shares vest and become exercisable each December 31 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year and 30% the fifth year. Also, vesting shall accelerate if the optionee dies, becomes disabled, retires or a change of control of the company occurs. For those optionees over age 65 and who have been employed for 10 years or more by the company on the date of the grant, 100% of the option shares vest immediately upon such grant. Karl W. Mueller 2014-05-06