PROCTER & GAMBLE Co — Director's Dealing 2017

Jan 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE Co (PG)
CIK: 0000080424
Period of Report: 2016-11-15

Reporting Person: Posada Juan Fernando (President - LA SMO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-30	Common Stock	M	7000	$63.49	Acquired	21988.5041	Direct
2017-01-30	Common Stock	S	7000	$86.75	Disposed	14988.5041	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-15	Restricted Stock Units	$	A	3.799	Acquired		Common Stock (3.799)	Direct
2017-01-30	Stock Option (Right to Buy)	$63.49	M	7000	Disposed	2017-02-28	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5352.668	Indirect
Common Stock	38.899	Indirect

Footnotes

F1: Reflects adjustment to ISOP as of January 18, 2017.

F2: Dividend equivalents in the form of Retirement Restricted Stock Units (RSUs) 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 on retirement from the company, unless delivery is deferred or such shares are contributed to reporting person's deferred compensation account.