SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HEYMAN WILLIAM H
(Last) (First) (Middle)
THE TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET
(Street)
ST. PAUL MN 55102
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRAVELERS COMPANIES, INC. [ TRV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice Chairman
3. Date of Earliest Transaction (Month/Day/Year)
07/09/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/25/2021 M 5,000 A $106.03 250,260.902 D
Common Stock 08/25/2021 S 3,000 D $162.5(1) 247,260.902 D
Common Stock 08/25/2021 S 2,000 D $163.125(2) 245,260.902 D
Common Stock 1,573.448 I 401(k) Plan
Common Stock 2,256 I Held By Spouse(3)
Common Stock 250 I In Trust For Stepson(3)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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 Option (Right to Buy) $106.03 08/25/2021 M 5,000 02/02/2019 02/02/2026 Common Stock 5,000 $0 0 D
Deferred Compensation Phantom Stock(4) (5) 07/09/2003 A 82.03(6) (5) (5) Common Stock 82.03 $36.57 82.03 D
Deferred Compensation Phantom Stock(4) (5) 01/07/2004 A 380.71(6) (5) (5) Common Stock 380.71 $39.4 463.54(7) D
Deferred Compensation Phantom Stock(4) (5) 07/07/2004 A 98.34(6) (5) (5) Common Stock 98.34 $39.19 569.71(8) D
Deferred Compensation Phantom Stock(4) (5) 01/07/2005 A 502.35(6) (5) (5) Common Stock 502.35 $36.98 1,083.89(9) D
Explanation of Responses:
1. Represents the weighted average sales price for increments ranging from $162.25 to $162.75. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
2. Represents the weighted average sales price for increments ranging from $163.00 to $163.25. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
3. The Reporting Person disclaims beneficial ownership of these shares.
4. This Form 4 is also being filed to report the acquisition of Deferred Compensation Phantom Stock units, which were inadvertently not reported at the time the reporting person made a contribution to one of the Company's deferred compensation plans.
5. Pursuant to the terms of the plan, the executive will receive distribution of his deferred compensation account in cash following termination of his employment with the Company.
6. Represents the approximate number of shares of Travelers Common Stock underlying the hypothetical investment of deferred compensation pursuant to one of the Company's deferred compensation plans.
7. Includes 0.80 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from July 9, 2003 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.
8. Includes 7.83 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from January 7, 2004 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.
9. Includes 11.83 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from July 7, 2004 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.
/s/Wendy C. Skjerven, by power of attorney 08/27/2021
** 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 4 (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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