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ALL » Topics » Prohibition on repricing stock options

This excerpt taken from the ALL DEF 14A filed Mar 27, 2006.

Prohibition on repricing stock options

        Since Allstate's inception as a public company in 1993, we have never allowed the repricing of stock options. We formalized this practice in our 2001 Equity Incentive Plan which received shareholder approval in 2001 and which is being presented for re-approval at the 2006 annual meeting of shareholders. This is the only plan under which equity awards are currently made to employees.

This excerpt taken from the ALL DEF 14A filed Mar 25, 2005.

Prohibition on repricing stock options

        Since Allstate's inception as a public company in 1993, we have never allowed the repricing of stock options. We formalized this practice in our 2001 Equity Incentive Plan which received shareholder approval in 2001. This is the only plan under which equity awards to employees are currently made.

EXCERPTS ON THIS PAGE:

DEF 14A
Mar 27, 2006
DEF 14A
Mar 25, 2005

RELATED TOPICS for ALL:

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