CNA FINANCIAL CORP — Director's Dealing 2012

Feb 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CNA FINANCIAL CORP (CNA)
CIK: 0000021175
Period of Report: 2012-02-27

Reporting Person: Szerlong Timothy J (President, Worldwide Field Ops)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-27	Stock Appreciation Rights	$28.32	A	10000	Acquired	2022-02-27	Common Stock (10000)	Direct

Footnotes

F1: The stock appreciation rights paid in CNA Financial Corporation Common Stock vests annually in four equal installments commencing February 27, 2013.

F2: The Reporting Person received the Deriative Security pursuant to a grant of stock appreciation rights at no cost.