PROCTER & GAMBLE Co — Director's Dealing 2011

Nov 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE Co (PG)
CIK: 0000080424
Period of Report: 2011-11-15

Reporting Person: Geissler Werner (Vice Chairman - GO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-15	Common Stock	F	56	$63.50	Disposed	220713.248	Direct
2011-11-15	Common Stock	M	12	$63.50	Acquired	220725.248	Direct
2011-11-15	Common Stock	F	12	$63.50	Disposed	220713.248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-15	Restricted Stock Units	$	A	194.291	Acquired		Common Stock (194.291)	Direct
2011-11-15	Restricted Stock Units	$	M	12	Disposed		Common Stock (12)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3671.0267	Indirect
Common Stock	1983	Indirect

Footnotes

F1: Automatic conversion of Restricted Stock Units ("RSUs") to withhold for taxes due on dividend equivalents granted in the form of RSUs settled in common stock on 11/15/11.

F2: Total includes grant of dividend equivalents on 11/15/11 in the form of RSUs settled in common stock.

F3: Balance as of 9/30/11.

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.