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PROCTER & GAMBLE Co Director's Dealing 2007

Feb 22, 2007

29757_dirs_2007-02-22_b415060f-606b-4e61-b850-6acf02603a5c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2007-02-21

Reporting Person: STENGEL JAMES R (Global Marketing Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-02-21 Common Stock M 7962.0000 $31.0118 Acquired 43032.5170 Direct
2007-02-21 Common Stock F 3819.0000 $64.6550 Disposed 39213.5170 Direct
2007-02-21 Common Stock F 1525.0000 $64.6550 Disposed 37688.5170 Direct
2007-02-21 Common Stock M 6778.0000 $34.5688 Acquired 44466.5170 Direct
2007-02-21 Common Stock F 3624.0000 $64.6550 Disposed 40842.5170 Direct
2007-02-21 Common Stock F 1122.0000 $64.6550 Disposed 39720.5170 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-09-30 Series A Preferred Stock $0 A 318.7957 Acquired Common Stock (318.7957) Indirect
2006-12-31 Series A Preferred Stock $0 A 3.3022 Acquired Common Stock (3.3022) Indirect
2007-02-21 Stock Option (right to buy) $31.0118 M 7962.0000 Disposed 2015-09-15 Common Stock (7962.0000) Direct
2007-02-21 Stock Option (right to buy) $34.5688 M 6778.0000 Disposed 2016-09-24 Common Stock (6778.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 110.0000 Indirect
Common Stock 13860.5534 Indirect
Common Stock 130.0000 Indirect

Footnotes

F1: Total includes grant of dividend equivalents in the form of RSUs on 11/15/2006 and 2/15/07, pursuant to Issuer's 2001 Stock and I
ncentive Compensation Plan.

F2: Balance as of 12/31/2006.

F3: Higher of $6.82 (adjusted for 2-for-1 stock split effective May 21, 2004) or market price of Common Stock.

F4: Series A Preferred Stock allocated to officer's Retirement Plan Account pursuant to formula award provision for the period 7/1/06
through 9/30/06.

F5: Shares held by Retirement Plan Trustees. If officer terminates employment and elects distribution of shares, or, if after age 50 elects alternative investment within Plan, Preferred Stock converted/redeemed at specified conversion/exercise price.

F6: Series A Preferred Stock allocated to officer's Retirement Plan account pursuant to Retirement Plan provisions.

F7: Series A Preferred Stock allocated to officer's Retirement Plan Account pursuant to formula award provision for the period 10/1/0
6 through 12/31/06.