CNA FINANCIAL CORP — Director's Dealing 2009

Feb 6, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CNA FINANCIAL CORP (CNA)
CIK: 0000021175
Period of Report: 2009-02-04

Reporting Person: PONTARELLI THOMAS (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $2.50 par value	400	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$11.51	2019-02-04	Common Stock (15000)		Direct
Stock Appreciation Rights	$32.54	2018-02-06	Common Stock (15000)		Direct
Stock Appreciation Rights	$41.86	2017-02-07	Common Stock (15000)		Direct
Stock Appreciation Rights	$30.98	2016-02-08	Common Stock (15000)		Direct
Stock Options	$27.27	2015-02-09	Common Stock (7500)		Direct
Stock Options	$26.27	2014-04-28	Common Stock (7500)		Direct
Stock Options	$24.69	2013-05-07	Common Stock (3750)		Direct

Footnotes

F1: The stock appreciation rights paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 4, 2010.

F2: The stock appreciation rights paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 6, 2009.

F3: The stock appreciation rights paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 7, 2008.

F4: The stock appreciation rights paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 8, 2007.

F5: The stock options paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 9, 2006.

F6: The stock options paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing April 28, 2005.

F7: The stock options paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing May 7, 2004.