Sec Form 4 Filing - ELLIOT DOUGLAS G @ ST PAUL TRAVELERS COMPANIES INC - 2004-09-24

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person ELLIOT DOUGLAS G 2. Issuer Name and Ticker or Trading Symbol ST PAUL TRAVELERS COMPANIES INC [ STA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) CEO Commercial and Pers Lines (Last) (First) (Middle) THE ST. PAUL TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET 3. Date of Earliest Transaction (MM/DD/YY) 09/24/2004 (Street) ST. PAUL, MN55102 4. If Amendment, Date Original Filed (MM/DD/YY) 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 Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/24/2004 M 573 A $ 26.72 40,306 D Common Stock 09/24/2004 F 488 D $ 34.15 39,818 D Common Stock 240.641 I 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options (Right to buy) $ 23.64 04/01/2004 06/30/2007 Common Stock 169 169 D Stock Options (Right to buy) $ 26.72 09/24/2004 M 573 09/24/2002 09/24/2007 Common Stock 573 $ 0 0 D Stock Options (Right to buy) $ 34.15 09/24/2004 A 488 03/24/2005 09/24/2007 Common Stock 488 $ 0 488 D Stock Options (Right to buy) $ 34.17 04/01/2004 06/30/2008 Common Stock 116 116 D Stock Options (Right to buy) $ 36.99 05/17/2004 11/02/2008 Common Stock 2,405 2,405 D Stock Options (Right to buy) $ 37.61 04/01/2004 10/27/2005 Common Stock 634 634 D Stock Options (Right to buy) $ 37.61 05/03/2004 11/01/2008 Common Stock 2,352 2,352 D Stock Options (Right to buy) $ 37.61 04/01/2004 11/02/2008 Common Stock 1,251 1,251 D Stock Options (Right to buy) $ 37.66 05/05/2004 11/02/2008 Common Stock 2,375 2,375 D Stock Options (Right to buy) $ 38.43 06/30/2000 06/30/2009 Common Stock 104 104 D Stock Options (Right to buy) $ 38.47 04/01/2004 11/02/2008 Common Stock 2,973 2,973 D Stock Options (Right to buy) $ 38.54 04/01/2004 09/24/2007 Common Stock 469 469 D Stock Options (Right to buy) $ 38.54 04/01/2004 11/02/2008 Common Stock 710 710 D < span class="form4-data"> Stock Options (Right to buy) $ 38.77 06/30/2004 09/24/2007 Common Stock 430 430 D Stock Options (Right to buy) $ 40.87 07/13/2004 11/02/2008 Common Stock 695 695 D Stock Options (Right to buy) $ 42.55 04/27/2006 04/27/2014 Common Stock 64,096 64,096 D Stock Options (Right to buy) $ 42.62 08/04/2004 11/01/2008 Common Stock 999 999 D Stock Options (Right to buy) $ 42.62 08/04/2004 11/02/2008 Common Stock 291 291 D Stock Options (Right to buy) $ 42.69 03/22/2003 03/22/2012 Common Stock 86,680 86,680 D Stock Options (Right to buy) $ 42.7 10/19/2004 09/24/2007 Common Stock 421 421 D Stock Options (Right to buy) $ 49.42 07/18/2001 04/18/2010 Common Stock 47,957 47,957 D Stock Options (Right to buy) $ 51.44 04/01/2004 11/02/2008 Common Stock 6,048 6,048 D Stock Options (Right to buy) $ 52.4 06/30/2001 06/30/2010 Common Stock 76 76 D Stock Options (Right to buy) $ 54.66 04/01/2004 10/27/2005 Common Stock 558 558 D Stock Options (Right to buy) $ 55.26 04/01/2004 11/02/2008 Common Stock 5,700 5,700 D Stock Options (Right to buy) $ 57.49 04/01/2004 11/02/2008 Common Stock 5,753 5,753 D Stock Options (Right to buy) $ 59.08 < /span> 07/16/2002 01/16/2011 Common Stock 17,984 17,984 D Stock Options (Right to buy) $ 59.5 04/01/2004 10/27/2005 Common Stock 1,197 1,197 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ELLIOT DOUGLAS G THE ST. PAUL TRAVELERS COMPANIES, INC. 385 WASHINGTON STREET ST. PAUL, MN55102 CEO Commercial and Pers Lines Signatures Anthony M. Pepper, Attorney-in-Fact 09/28/2004 Signature of Reporting Person Date

Explanation of Responses:
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 4(b)(v).

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