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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  CLARKE CHARLES J
2. Date of Event Requiring Statement (Month/Day/Year)
09/29/2006
3. Issuer Name and Ticker or Trading Symbol
ST PAUL TRAVELERS COMPANIES INC [STA]
(Last)
(First)
(Middle)
THE ST. PAUL TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ST. PAUL, MN 55102
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 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 59,681 (1)
D
 
Common Stock 1,587
I
401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
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
Performance Shares   (2) 12/31/2008 Common Stock 5,372 (2) $ (2) D  
Stock Options (Right to buy)   (3) 06/30/2009 Common Stock 104 $ 38.43 D  
Stock Options (Right to buy)   (4) 04/27/2014 Common Stock 32,048 $ 42.55 D  
Stock Options (Right to buy)   (5) 03/22/2012 Common Stock 86,680 $ 42.69 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 4,344 $ 44.63 D  
Stock Options (Right to buy) 02/06/2009 02/06/2016 Common Stock 38,006 $ 44.79 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 5,509 $ 45.14 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 1,140 $ 45.41 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 9,048 $ 46.23 D  
Stock Options (Right to buy)   (3) 04/18/2010 Common Stock 19,183 $ 49.42 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 9,678 $ 51.44 D  
Stock Options (Right to buy)   (3) 06/30/2010 Common Stock 76 $ 52.4 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 5,225 $ 56.67 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 9,205 $ 57.49 D  
Stock Options (Right to buy)   (3) 01/16/2011 Common Stock 17,984 $ 59.08 D  
Stock Options (Right to buy)   (3) 11/02/2008 Common Stock 3,702 $ 59.56 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CLARKE CHARLES J
THE ST. PAUL TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET
ST. PAUL, MN 55102
      Vice Chairman  

Signatures

Bruce A. Backberg, by power of attorney 10/10/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(2) Each performance share represents the right to receive one share of common stock if the target level of performance is achieved. The performance objective for determining the number of shares earned is the Issuer's adjusted return on equity over a three year period. The actual number of shares received could range from 0-160% of the target number of shares based on a sliding scale of performance levels. For example, 50% of the shares are earned if the minimum objective is achieved, 100% of the shares are earned if the target objective is achieved and 160% of the shares are earned if the maximum objective is achieved. Payouts of performance shares will be interpolated if actual performance exceeds the minimum level, but falls between the specified intermediary levels.
(3) These options are currently exercisable.
(4) 50% of these options are currently exercisable, 25% become exercisable 4/27/07 and the remaining 25% become exercisable on 4/27/08.
(5) 80% of these options are currently exercisable, the remaining 20% become exercisable on 3/22/07.
(1) This amount includes 56,503 shares of restricted stock that are currently restricted.

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