A lighting device convertible between reading light and flashlight configurations has separate off/on light actuating switches. The lighting device includes a case, an elongated arm, hinge, light cap, light element, batteries, first switch and second switch. The hinge pivotally mounts a rear end of the arm to a rear end of the case to allow pivotal movement of the arm between an erect position angularly spaced from the case, the reading light configuration, and a lowered position against the main body, the flashlight configuration. The light element is mounted to the light cap which, in turn, is pivotally mounted to a front end of the arm for positioning the light element at various angles to provide light therebelow at various angles with the arm in the erect position and for positioning the light element at first and second angularly displaced positions to provide light directly forwardly of the case in the first position but not in the second position with the arm in the lowered position. The batteries are mounted within the case and are electrically connected to the light element and first and second switches. The first switch is mounted to the case and arm for switching the light element between off and on states in response to the arm being moved between the lowered and erect positions. The second switch is mounted to the case and arm for switching the light element between off and on states in response to the light cap being moved between the first and second positions with the arm in the lowered position.