The Allstate Corporation (ALL) Form 4ALLSTATE / THOMAS J WILSON ownership change
Filed: 26 Nov 24, 5:08pm
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ ALL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/22/2024 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/22/2024 | S | 6,660 | D | $203.0289(1) | 182,356(2) | I | By TJW Options LLC 2014 Series | ||
Common Stock | 11/22/2024 | S | 22,243 | D | $203.6096(3) | 160,113(2) | I | By TJW Options LLC 2014 Series | ||
Common Stock | 11/22/2024 | S | 2,600 | D | $204.5956(4) | 157,513(2) | I | By TJW Options LLC 2014 Series | ||
Common Stock | 11/22/2024 | G | 43,022 | D | $0 | 0(5)(6) | I | By 2022-B GRAT | ||
Common Stock | 11/22/2024 | G | 43,022 | A | $0 | 273,954(5) | I | By 2020 GRAT Remainder Trust(7) | ||
Common Stock | 209,793.119(6)(8)(9) | D | ||||||||
Common Stock | 181,264 | I | By 2023-B GRAT | |||||||
Common Stock | 65,321(8) | I | By 2024-C GRAT | |||||||
Common Stock | 7,502 | I | By 401(k) Plan | |||||||
Common Stock | 257,535 | I | Remainder GRAT |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $62.32 | 11/22/2024 | G | 27,199 | 02/11/2019 | 02/11/2026 | Common Stock | 27,199 | $0 | 268,125 | I | by TJW Options LLC 2016 Series(10) | |||
Employee Stock Option (Right to Buy) | $62.32 | 11/22/2024 | G | 27,199 | 02/11/2019 | 02/11/2026 | Common Stock | 27,199 | $0 | 295,324 | I | by TJW Options LLC 2016 Series(10) | |||
Employee Stock Option (Right to Buy) | $78.35 | 11/22/2024 | G | 39,725 | 02/09/2020 | 02/09/2027 | Common Stock | 39,725 | $0 | 125,905 | I | by TJW Options LLC 2017 Series(11) | |||
Employee Stock Option (Right to Buy) | $78.35 | 11/22/2024 | G | 39,725 | 02/09/2020 | 02/09/2027 | Common Stock | 39,725 | $0 | 165,630 | I | by TJW Options LLC 2017 Series(11) | |||
Employee Stock Option (Right to Buy) | $78.35 | 02/09/2020 | 02/09/2027 | Common Stock | 82,817 | 82,817 | I | By TJW Options LLC 2017 Series Last Third | |||||||
Employee Stock Option (Right to Buy) | $78.35 | 02/09/2020 | 02/09/2027 | Common Stock | 0 | 0 | D | ||||||||
Employee Stock Option (Right to Buy) | $92.8 | 11/22/2024 | G | 75,802 | 02/22/2021 | 02/22/2028 | Common Stock | 75,802 | $0 | 0 | I | by TJW Options LLC 2018 Series(12) | |||
Employee Stock Option (Right to Buy) | $92.8 | 11/22/2024 | G | 75,802 | 02/22/2021 | 02/22/2028 | Common Stock | 75,802 | $0 | 75,802 | I | by TJW Options LLC 2018 Series(12) | |||
Employee Stock Option (Right to Buy) | $92.8 | 02/22/2021 | 02/22/2028 | Common Stock | 75,802 | 75,802 | I | By TJW Options LLC 2018 Series Last Third | |||||||
Employee Stock Option (Right to Buy) | $92.8 | 02/22/2021 | 02/22/2028 | Common Stock | 75,802 | 75,802 | I | By TJW Options LLC 2018 Series Middle Third | |||||||
Employee Stock Option (Right to Buy) | $92.8 | 11/22/2021 | 02/22/2028 | Common Stock | 0 | 0 | D | ||||||||
Employee Stock Option (Right to Buy) | $92.46 | 11/22/2024 | G | 23,971 | 02/08/2022 | 02/08/2029 | Common Stock | 23,971 | $0 | 65,944 | I | By TJW Options LLC 2019 Series First Third(13) | |||
Employee Stock Option (Right to Buy) | $92.46 | 11/22/2024 | G | 23,971 | 02/08/2022 | 02/08/2029 | Common Stock | 23,971 | $0 | 89,915 | I | By TJW Options LLC 2019 Series First Third(13) | |||
Employee Stock Option (Right to Buy) | $92.46 | 11/22/2024 | G | 29,224 | 02/08/2022 | 02/08/2029 | Common Stock | 29,224 | $0 | 60,692 | I | By TJW Options LLC 2019 Series Last Third(14) | |||
Employee Stock Option (Right to Buy) | $92.46 | 11/22/2024 | G | 29,224 | 02/08/2022 | 02/08/2029 | Common Stock | 29,224 | $0 | 89,916 | I | By TJW Options LLC 2019 Series Last Third(14) | |||
Employee Stock Option (Right to Buy) | $92.46 | 02/08/2022 | 02/08/2029 | Common Stock | 89,915 | 89,915 | I | By TJW Options LLC 2019 Series Middle Third | |||||||
Employee Stock Option (Right to Buy) | $92.46 | 02/08/2022 | 02/08/2029 | Common Stock | 0 | 0 | D | ||||||||
Employee Stock Option (Right to Buy) | $105.08 | 02/18/2024 | 02/18/2031 | Common Stock | 92,401 | 92,401 | I | By TJW Options LLC 2021 Series First Third | |||||||
Employee Stock Option (Right to Buy) | $105.08 | 02/18/2024 | 02/18/2031 | Common Stock | 92,402 | 92,402 | I | By TJW Options LLC 2021 Series Middle Third | |||||||
Employee Stock Option (Right to Buy) | $105.08 | 02/18/2024 | 02/18/2031 | Common Stock | 92,402(15) | 92,402 | I | By TJW Options LLC 2021 Series Last Third | |||||||
Employee Stock Option (Right to Buy) | $105.08 | 02/18/2024 | 02/18/2031 | Common Stock | 0(15) | 0 | D | ||||||||
Employee Stock Option (Right to Buy) | $122.64 | (16) | 02/17/2032 | Common Stock | 68,215 | 68,215 | I | By TJW Options LLC 2022 Series First Third | |||||||
Employee Stock Option (Right to Buy) | $122.64 | (16) | 02/17/2032 | Common Stock | 68,216(17) | 68,216 | I | By TJW Options LLC 2022 Series Middle Third | |||||||
Employee Stock Option (Right to Buy) | $122.64 | (16) | 02/17/2032 | Common Stock | 68,216(17) | 68,216 | D | ||||||||
Employee Stock Option (Right to Buy) | $137.1 | (18) | 02/16/2033 | Common Stock | 52,611(19) | 52,611 | I | By TJW Options LLC 2023 Series First Third | |||||||
Employee Stock Option (Right to Buy) | $137.1 | (18) | 02/16/2033 | Common Stock | 105,224(19) | 105,224 | D |
Explanation of Responses: |
1. Reflects weighted average sale price for open-market sales transactions reported herein. Actual sales prices ranged from $202.210 to $203.205. The reporting person provided to the issuer, and will provide to any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. |
2. The sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 22, 2024. |
3. Reflects weighted average sale price for open-market sales transactions reported herein. Actual sales prices ranged from $203.210 to $204.200. The reporting person provided to the issuer, and will provide to any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. |
4. Reflects weighted average sale price for open-market sales transactions reported herein. Actual sales prices ranged from $204.210 to $205.070. The reporting person provided to the issuer, and will provide to any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. |
5. Reflects transfer of 43,022 shares formerly held by Thomas J. Wilson 2022-B GRAT Trust to the Thomas J. Wilson 2020 GRAT Remainder Trust on November 22, 2024. |
6. Reflects distribution and transfer of 65,321 shares formerly held by the Thomas J. Wilson 2022-B GRAT Trust to direct ownership on November 22, 2024. |
7. The 2020 GRAT Remainder Trust was previously reported as the 2020-B GRAT Remainder Trust. |
8. Following November 22, 2024 transfer of 65,321 shares from the Thomas J. Wilson 2022-B GRAT Trust to direct ownership, the reporting person subsequently contributed 65,321 shares on November 22, 2024 to the Thomas J. Wilson 2024-C GRAT Trust. |
9. Balance also reflects 16.176 shares acquired during the period of July 3, 2024 through October 2, 2024, through the Shareowner Service Plus Plan, which reinvests dividends paid on The Allstate Corporation common shares. |
10. On November 22, 2024, the Thomas J. Wilson 2022-C GRAT Trust assigned 9.21% of the membership interests in TJW Options LLC 2016 Series to the Thomas J. Wilson 2020 GRAT Remainder Trust. |
11. On November 22, 2024, the Thomas J. Wilson 2022-C GRAT Trust assigned 23.984% of the membership interests in TJW Options LLC 2017 Series to the Thomas J. Wilson 2020 GRAT Remainder Trust. |
12. On November 22, 2024, the Thomas J. Wilson 2022-C GRAT Trust assigned 100% of the membership interests in TJW Options LLC 2018 Series First Third to the Thomas J. Wilson 2020 GRAT Remainder Trust. |
13. On November 22, 2024, the Thomas J. Wilson 2022-C GRAT Trust assigned 26.66% of the membership interests in TJW Options LLC 2019 Series First Third to the Thomas J. Wilson 2020 GRAT Remainder Trust. |
14. On November 22, 2024, the Thomas J. Wilson 2022-C GRAT Trust assigned 32.501% of the membership interests in TJW Options LLC 2019 Series Last Third to the Thomas J. Wilson 2020 GRAT Remainder Trust. |
15. Reflects transfer of 92,402 vested employee options to TJW Options LLC 2021 Series Last Third on November 25, 2024, formerly held directly by the reporting person. |
16. 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. |
17. Reflects transfer of 68,216 vested employee options to TJW Options LLC 2022 Series Middle Third on November 25, 2024, formerly held directly by the reporting person. 68,216 unvested employee options remain directly held. |
18. Stock option award granted on February 16, 2023, for 157,835 shares of common stock exercisable in three increments. The remaining increments will vest on February 16, 2025 and February 16, 2026. |
19. Reflects transfer of 52,611 vested employee options to TJW Options LLC 2023 Series First Third on November 25, 2024, formerly held directly by the reporting person. 105,224 unvested employee options remain directly held. |
/s/ Thomas J. Wilson | 11/26/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |