SEC Form 4 · accession 0001127602-15-007369
ALLSTATE CORP · ALL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel H Pilch
Officer — Sr. Group VP and Controller
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899051
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2015 | M | 3,290 | $52.18 | A | 21,271 | D | |
| Common Stock | Feb 18, 2015 | S | 3,290 | $71.07 | D | 17,981 | D | |
| Common Stock | holding | — | — | — | 4,277 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $70.71 | Feb 18, 2015 | A | 8,105 | A | — | Feb 18, 2025 | Common Stock | 8,105 | 8,105 | D |
| Restricted Stock UnitsF2 | — | Feb 18, 2015 | A | 5,371 | A | Feb 18, 2018 | Feb 18, 2018 | Common Stock | 5,371 | 5,371 | D |
| Employee Stock Option (Right to Buy)F3 | $52.18 | Feb 18, 2015 | M | 3,290 | D | — | Feb 18, 2024 | Common Stock | 3,290 | 6,582 | D |
Explanation of responses
- F1Option exercisable in three increments, with one third vesting on February 18, 2016, February 18, 2017, and February 18, 2018, with any fractional shares to be rounded as provided for in award agreement.
- F2Award of Restricted Stock Units (RSUs) granted under The Allstate Corporation 2013 Equity Incentive Plan. Each RSU represents the right to receive, without the payment of any consideration, one share of Allstate common stock (on the conversion date), which is February 18, 2018.
- F3Remaining increments to vest on February 18, 2016 and February 18, 2017, each representing half of remaining shares under option, with any fractional shares to be rounded pursuant to award agreement.
Remarks
The cashless exercise of options transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan that became effective on December 12, 2014.