PROCTER & GAMBLE Co — Director's Dealing 2010

Aug 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2010-08-16

Reporting Person: Geissler Werner (Vice Chairman - GO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-16	Common Stock	F	45	$59.76	Disposed	198638.103	Direct
2010-08-16	Common Stock	M	6	$59.76	Acquired	198644.103	Direct
2010-08-16	Common Stock	F	6	$59.76	Disposed	198638.103	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-16	Restricted Stock Units	$	A	140.927	Acquired		Common Stock (140.927)	Direct
2010-08-16	Restricted Stock Units	$	M	6	Disposed		Common Stock (6)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2311.6118	Indirect
Common Stock	1983	Indirect

Footnotes

F1: Automatic conversion of Restricted Stock Units ("RSUs") to withhold for taxes due upon dividend equivalents in the form of RSUs settled in common stock on 8/16/10.

F2: Total includes grant of dividend equivalents on 8/16/10 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.