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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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
                      

1. Name and Address of Reporting Person *

Shebik Steven E

2. Date of Event Requiring Statement (MM/DD/YYYY)
2/27/2012 

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 /

(Street)

NORTHBROOK, IL 60062       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


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   6311   I   By 401(k) Plan  
Common Stock   42702   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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)   2/20/2011   2/20/2017   Common Stock   15571   $62.24   D    
Employee Stock Option (Right to Buy)   2/21/2010   2/21/2016   Common Stock   15464   $53.84   D    
Employee Stock Option (Right to Buy)   2/21/2010   2/21/2016   Common Stock   9000   $53.84   D    
Employee Stock Option (Right to Buy)   2/22/2009   2/22/2015   Common Stock   20836   $52.57   D    
Employee Stock Option (Right to Buy)     (1) 2/22/2020   Common Stock   33616   $31.41   D    
Employee Stock Option (Right to Buy)     (2) 2/22/2021   Common Stock   35197   $31.74   D    
Employee Stock Option (Right to Buy)     (3) 2/22/2022   Common Stock   26446   $31.56   D    
Employee Stock Option (Right to Buy)   2/26/2012   2/26/2018   Common Stock   25763   $48.82   D    
Employee Stock Option (Right to Buy)     (4) 2/27/2019   Common Stock   58715   $16.83   D    
Employee Stock Option (Right to Buy)   2/6/2008   2/6/2014   Common Stock   20265   $45.96   D    
Employee Stock Option (Right to Buy)   2/7/2007   2/7/2013   Common Stock   17000   $31.78   D    
Restricted Stock Units     (5)   (5) Common Stock   1766     (5) D    
Restricted Stock Units     (6)   (6) Common Stock   3541     (6) D    
Restricted Stock Units     (7)   (7) Common Stock   7265     (7) D    
Restricted Stock Units   2/27/2013   2/27/2013   Common Stock   10332     (8) D    

Explanation of Responses:
( 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.

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 3/7/2012
** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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