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PROCTER & GAMBLE Co Director's Dealing 2011

May 18, 2011

29757_dirs_2011-05-18_0c649788-a935-4b33-9dfe-f78599a17c90.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: 2011-05-16

Reporting Person: SHIRLEY EDWARD D (Vice Chairman-Global Beauty)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-16 Restricted Stock Units $ A 32.343 Acquired Common Stock (32.343) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 72391.982 Direct
Common Stock 49.3292 Indirect
Common Stock 50.0743 Indirect
Common Stock 98.1089 Indirect
Common Stock 24700.6893 Indirect

Footnotes

F1: Total includes grant of dividend equivalents on 5/16/11 in the form of RSUs settled in common stock.

F2: 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.

F3: 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.