THOMAS J. WILSON - 18 Feb 2024 Form 4 Insider Report for ALLSTATE CORP (ALL)

Role
Chairman, President & CEO, Director
Signature
/s/ Thomas J. Wilson
Issuer symbol
ALL
Transactions as of
18 Feb 2024
Net transactions value
-$1,215,615
Form type
4
Filing time
21 Feb 2024, 16:45:56 UTC
Previous filing
21 Nov 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALL Common Stock Award $0 +19,050 +45% $0.000000 61,789 18 Feb 2024 Direct F1
transaction ALL Common Stock Tax liability $1,215,615 -7,514 -12% $161.78 54,275 18 Feb 2024 Direct F2, F3, F4, F5, F6
holding ALL Common Stock 120,295 18 Feb 2024 By 2021-C GRAT
holding ALL Common Stock 0 18 Feb 2024 By 2022-A GRAT F3
holding ALL Common Stock 108,343 18 Feb 2024 By 2022-B GRAT F4
holding ALL Common Stock 181,264 18 Feb 2024 By 2023-B GRAT F6
holding ALL Common Stock 7,393 18 Feb 2024 By 401(k) Plan
holding ALL Common Stock 161,708 18 Feb 2024 By TJW Options LLC 2012 Series
holding ALL Common Stock 189,016 18 Feb 2024 By TJW Options LLC 2014 Series
holding ALL Common Stock 104,384 18 Feb 2024 By 2020-B GRAT Remainder Trust
holding ALL Common Stock 257,535 18 Feb 2024 Remainder GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ALL Employee Stock Option (Right to Buy) 80,237 18 Feb 2024 Common Stock 80,237 $124.26 By TJW Options LLC 2020 Series Last Third F7
holding ALL Employee Stock Option (Right to Buy) 92,402 18 Feb 2024 Common Stock 92,402 $105.08 Direct F8
holding ALL Employee Stock Option (Right to Buy) 92,402 18 Feb 2024 Common Stock 92,402 $105.08 By TJW Options LLC 2021 Series Middle Third F8
holding ALL Employee Stock Option (Right to Buy) 136,432 18 Feb 2024 Common Stock 136,432 $122.64 Direct F9, F10
holding ALL Employee Stock Option (Right to Buy) 68,215 18 Feb 2024 Common Stock 68,215 $122.64 By TJW Options LLC 2022 Series First Third F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon conversion of 2021 performance stock award, pursuant to The Allstate Corporation 2019 Equity Incentive Plan.
F2 Shares withheld to satisfy tax withholding obligations incident to the conversion of performance stock award.
F3 Reflects distribution and transfer of 35,425 shares formerly held by the Thomas J. Wilson 2022-A GRAT Trust to direct ownership on November 30, 2023.
F4 Reflects distribution and transfer of 108,000 shares formerly held by the Thomas J. Wilson 2022-B GRAT Trust to direct ownership on November 30, 2023.
F5 Balance also reflects 20.606 shares acquired during the period of October 5, 2023 through January 2, 2024, through the Shareowner Service Plus Plan, which reinvests dividends paid on The Allstate Corporation common shares.
F6 Reflects reporting person's contribution of 181,264 shares on November 30, 2023, to the Thomas J. Wilson 2023-B GRAT Trust.
F7 Reflects transfer of 80,237 vested employee options to TJW Options LLC 2020 Series Last Third on December 15, 2023, formerly held directly by the reporting person.
F8 Reflects transfer of 92,402 vested employee options to TJW Options LLC 2021 Series Middle Third on December 15, 2023, formerly held directly by the reporting person. 92,402 unvested employee options remain directly held.
F9 Stock option award granted on February 17, 2022, for 204,647 shares of common stock vesting in three equal increments. The remaining increment will vest on February 17, 2025.
F10 Reflects transfer of 68,215 vested employee options to TJW Options LLC 2022 Series First Third on December 15, 2023, formerly held directly by the reporting person. 136,432 unvested employee options remain directly held.

Remarks:

Table II of this Form 4 is being provided to disclose updated information with respect to vested employee options that are now held indirectly instead of directly.