4 1 duberstein-020503.txt DUBERSTEIN 020503 FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 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(f) of the Investment Company Act of 1940 [_] Check 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* Duberstein Kenneth M. - ------------------------------------------------------------------------------ (Last) (First) (Middle) The Duberstein Group, Suite 500, 2100 Pennsylvania Avenue - ------------------------------------------------------------------------------ (Street) Washington D.C. 20037 - ------------------------------------------------------------------------------ (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol THE ST. PAUL COMPANIES, INC. (SPC) ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year February 5, 2003 ________________________________________________________________________________ *If the form is filled by more than one reporting person, see Instruction 4(b)(v). 5. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) Title if applicable: Director ________________________________________________________________________________ 7. 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 ================================================================================
5. Amount of 6. 4. Securities Owner- Securities Acquired (A) Beneficially ship 2a. 3. or Disposed of (D) Owned Form: 7. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of 2. Execution Code ------------------------------ Reported (D) or Indirect 1. Transaction Date, if (Instr. 8) (A) Transaction(s)Indirect Beneficial Title of Security Date any ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- =================================================================================================================================== Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) =================================================================================================================================== 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 2A. 4. Securities Date Securities Price Bene- ity: In- cise Deemed 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Execution Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of Date, if action Code of(D) (Month/Day/Year) Amount ative Following In- ficial Title of Deriv- any Date (Instr. (Instr. 3, ---------------- or Secur- Reported direct Owner- Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity Tran(s) (I) ship Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Deferred $0.00 02/03/03 A 61.43 Common 61.43 $32.56 D Compens- Stock ation Phantom Stock (1) - --------------------------------------------------------------------------------------------------------------------------------- Deferred $0.00 02/03/04 A 214.12 Common 214.12 $30.94 4,098.83 D Compens- Stock ation Phantom Stock (1) - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- =================================================================================================================================== Explanation of Responses: (1) These stock options become exercisable in four equal annual installments, commencingone year after the date of grant. By: /s/ Kenneth M. Duberstein 020503 ------------------------- --------------- **Signature of Reporting Person Date
__________________________ ** 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 provided is insufficient, see Instruction 6 for procedure.