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ALLSTATE CORP Director's Dealing 2011

May 4, 2011

29991_dirs_2011-05-04_7ec3cec7-6fd2-4b0d-9de2-c5004013c236.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLSTATE CORP (ALL)
CIK: 0000899051
Period of Report: 2011-05-02

Reporting Person: Gupta Suren (EVP Allstate Insurance Company)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-02 Employee Stock Option (Right to Buy) $33.88 A 92593 Acquired 2021-05-02 Common Stock (92593) Direct
2011-05-02 Restricted Stock Units $ A 19923 Acquired Common Stock (19923) Direct

Footnotes

F1: Option exercisable in three increments with 50% vesting on May 2, 2013, 25% vesting on May 2, 2014, and the remaining 25% vesting on May 2, 2015.

F2: Award of Restricted Stock Units (RSUs) granted under The Allstate Corporation 2009 Equity Incentive Plan. Each RSU represents the right to receive, without the payment of any consideration, one share of Allstate common stock on the day following the last day of the period of restriction (the conversion date). The period of restriction shall begin on May 2, 2011, and 50% of the total number of RSUs will convert on May 2, 2013, 25% will convert on May 2, 2014, and the remaining 25% will convert on May 2, 2015.