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PROCTER & GAMBLE Co Director's Dealing 2009

Nov 19, 2009

29757_dirs_2009-11-18_4b48d714-fbb8-45e3-b34c-db0ea0dbb137.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: 2009-11-16

Reporting Person: Steele Robert Allan (Vice Chair-Global H and WB)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-11-16 Common Stock F 15 $62.325 Disposed 100832.443 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-11-16 Restricted Stock Units $ A 129.453 Acquired Common Stock (129.453) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 17182.8181 Indirect

Footnotes

F1: Automatic conversion of Restricted Stock Units ("RSUs") to withhold for taxes due upon dividend equivalents granted in the form of RSUs on 11/16/09.

F2: Total includes grant of dividend equivalents on 11/16/09 in the form of RSUs settled in common stock.

F3: Dividend equivalents in the form of RSUs for Retirement Restricted Stock Units previously awarded pursuant to Issuer's retirement program. All such RSUs represent a contingent right to receive Procter & Gamble common stock or cash settlement.

F4: These units will deliver in shares or cash settlement on retirement from the company, unless delivery is deferred or such shares are contributed to reporting person's deferred compensation account.