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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RICHARDS GEOFFREY
2. Issuer Name and Ticker or Trading Symbol

Travel & Leisure Co. [ TNL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/10/2021
(Street)

ORLANDO, FL 32821
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 3/10/2021  A  6091 (1)A$0 46331 (2)D  
Common Stock 3/10/2021  F  1484 (3)D$62.64 44847 (2)D  
Common Stock         124373 (4)D  
Common Stock         4025 I Geoffrey S Richards Revocable Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Common stock acquired on vesting of previously-granted restricted stock units which vested on March 10, 2021.
(2) Includes previously reported shares of common stock.
(3) Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
(4) Previously reported restricted stock units.

Remarks:
Chief Operating Officer, Wyndham Vacation Clubs.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
RICHARDS GEOFFREY
C/O TRAVEL + LEISURE CO.
6277 SEA HARBOR DRIVE
ORLANDO, FL 32821


See Remarks

Signatures
/s/ James Savina as Attorney-in-Fact for Geoffrey Richards3/12/2021
**Signature of Reporting PersonDate

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