Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Shebik Steven E
2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2012
3. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ALL]
(Last)
(First)
(Middle)
C/O THE ALLSTATE CORPORATION, 2775 SANDERS ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NORTHBROOK, IL 60062
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,311
I
By 401(k) Plan
Common Stock 42,702
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 02/20/2011 02/20/2017 Common Stock 15,571 $ 62.24 D  
Employee Stock Option (Right to Buy) 02/21/2010 02/21/2016 Common Stock 15,464 $ 53.84 D  
Employee Stock Option (Right to Buy) 02/21/2010 02/21/2016 Common Stock 9,000 $ 53.84 D  
Employee Stock Option (Right to Buy) 02/22/2009 02/22/2015 Common Stock 20,836 $ 52.57 D  
Employee Stock Option (Right to Buy)   (1) 02/22/2020 Common Stock 33,616 $ 31.41 D  
Employee Stock Option (Right to Buy)   (2) 02/22/2021 Common Stock 35,197 $ 31.74 D  
Employee Stock Option (Right to Buy)   (3) 02/22/2022 Common Stock 26,446 $ 31.56 D  
Employee Stock Option (Right to Buy) 02/26/2012 02/26/2018 Common Stock 25,763 $ 48.82 D  
Employee Stock Option (Right to Buy)   (4) 02/27/2019 Common Stock 58,715 $ 16.83 D  
Employee Stock Option (Right to Buy) 02/06/2008 02/06/2014 Common Stock 20,265 $ 45.96 D  
Employee Stock Option (Right to Buy) 02/07/2007 02/07/2013 Common Stock 17,000 $ 31.78 D  
Restricted Stock Units   (5)   (5) Common Stock 1,766 $ (5) D  
Restricted Stock Units   (6)   (6) Common Stock 3,541 $ (6) D  
Restricted Stock Units   (7)   (7) Common Stock 7,265 $ (7) D  
Restricted Stock Units 02/27/2013 02/27/2013 Common Stock 10,332 $ (8) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shebik Steven E
C/O THE ALLSTATE CORPORATION
2775 SANDERS ROAD
NORTHBROOK, IL 60062
      EVP & Chief Financial Officer  

Signatures

/s/ Steven E. Shebik 03/07/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Stock option award granted on February 22, 2010 for 33,616 shares of common stock vesting in 3 increments. 50% vested on February 22, 2012. The remaining increments will vest 25% on February 22, 2013 and 25% on February 22, 2014.
(2) Stock option award granted on February 22, 2011 for 35,197 shares of common stock vesting in 3 increments. 50% vesting on February 22, 2013, 25% vesting on February 22, 2014, and the remaining 25% vesting on February 22, 2015.
(3) Stock option award granted on February 22, 2012 for 26,446 shares of common stock vesting in 3 increments. 50% vesting on February 22, 2014, 25% vesting on February 22, 2015, and the remaining 25% vesting on February 22, 2016.
(4) Stock option award granted on February 27, 2009 for 58,715 shares of common stock vesting in 4 annual increments with the remaining 25% increment vesting on February 27, 2013.
(5) Award of Restricted Stock Units (RSUs) granted on February 22, 2010 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). 50% of the total number of RSUs converted on February 22, 2012, 25% will convert on February 22, 2013, and the remaining 25% will convert on February 22, 2014.
(6) Award of Restricted Stock Units (RSUs) granted February 22, 2011 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). 50% of the total number of RSUs will convert on February 22, 2013, 25% will convert on February 22, 2014, and the remaining 25% will convert on February 22, 2015.
(7) Award of Restricted Stock Units (RSUs) granted on February 22, 2012 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). 50% of the total number of RSUs will convert on February 22, 2014, 25% will convert on February 22, 2015, and the remaining 25% will convert on February 22, 2016.
(8) Award of Restricted Stock Units (RSUs) granted on February 27, 2009 under The Allstate Corporation Amended and Restated 2001 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 total number of RSUs will convert on February 27, 2013.

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