Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
Period Total number of shares
(or units) purchased (1)
Average price
paid per share
(or unit)
Total number of shares (or units) purchased as part of publicly announced plans or programs (2)
Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs (3)
April 1, 2022 - April 30, 2022
Open Market Purchases 1,577,311 $ 137.30 1,576,017
May 1, 2022 - May 31, 2022
Open Market Purchases 1,906,903 $ 129.70 1,783,224
June 1, 2022 - June 30, 2022
Open Market Purchases 1,867,663 $ 126.19 1,865,520
Total 5,351,877 $ 130.71 5,224,761 $ 1.82 billion
(1) In accordance with the terms of its equity compensation plans, Allstate acquired the following shares in connection with the vesting of restricted stock units and performance stock awards and the exercise of stock options held by employees and/or directors. The shares were acquired in satisfaction of withholding taxes due upon exercise or vesting and in payment of the exercise price of the options.
April: 1,294
May: 123,679
June: 2,143
(2) From time to time, repurchases under our programs are executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.
(3) In August 2021, we announced the approval of a common share repurchase program for $5 billion which is expected to be completed by the end of March 2023.
Second Quarter 2022 Form 10-Q 79
Item 6. Exhibits
(a) Exhibits
The following is a list of exhibits filed as part of this Form 10-Q.
Incorporated by Reference
Exhibit
Number
Exhibit Description Form File
Number
Exhibit Filing
Date
Filed or
Furnished
Herewith
4 The Allstate Corporation hereby agrees to furnish to the Commission, upon request, the instruments defining the rights of holders of each issue of long-term debt of it and its consolidated subsidiaries
15 Acknowledgment of awareness from Deloitte & Touche LLP, dated August 3 , 2022, concerning unaudited interim financial information
X
31(i) Rule 13a-14(a) Certification of Principal Executive Officer
X
31(i) Rule 13a-14(a) Certification of Principal Financial Officer
X
32 Section 1350 Certifications
X
101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
X
101.SCH Inline XBRL Taxonomy Extension Schema Document X
101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document X
101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document X
101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document X
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document X
104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) X
80 www.allstate.com
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
The Allstate Corporation
(Registrant)
August 3, 2022 By
/s/ John C. Pintozzi
John C. Pintozzi
Senior Vice President, Controller and Chief Accounting Officer
(Authorized Signatory and Principal Accounting Officer)
Second Quarter 2022 Form 10-Q 81
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.