Item 1A. Risk Factors

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Item 1A. Risk Factors

There have been no material changes in our risk factors from those disclosed in Part I, Item 1A in our annual report on Form 10-K for the year ended December 31, 2021.

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)
January 1, 2022 - January 31, 2022
Open Market Purchases	2,415,147	$	121.81	2,413,500

February 1, 2022 - February 28, 2022
Open Market Purchases	2,382,361	$	123.26	2,011,855

March 1, 2022 - March 31, 2022
Open Market Purchases	1,951,350	$	129.72	1,950,552

Total	6,748,858	$	124.61	6,375,907	$	2.50	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.

January: 1,647

February: 370,506

March: 798

(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.

First Quarter 2022 Form 10-Q 73

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