PROCTER & GAMBLE Co — Director's Dealing 2010

May 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2010-05-17

Reporting Person: Panayotopoulos Evriviades D (Vice Chairman - Global HC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-17	Common Stock	F	6	$63.07	Disposed	252328.077	Direct
2010-05-17	Common Stock	M	20	$63.07	Acquired	252348.077	Direct
2010-05-17	Common Stock	F	20	$63.07	Disposed	252328.077	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-17	Restricted Stock Units	$	A	282.423	Acquired		Common Stock (282.423)	Direct
2010-05-17	Restricted Stock Units	$	M	20	Disposed		Common Stock (20)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1105.8053	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 5/17/10.

F2: Total includes grant of dividend equivalents on 5/17/10 in the form of RSUs settled in common stock.

F3: Balance as of 3/31/10.

F4: 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.

F5: 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.