PROCTER & GAMBLE Co — Director's Dealing 2019

May 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE Co (PG)
CIK: 0000080424
Period of Report: 2019-05-16

Reporting Person: Francisco Ma. Fatima (President - Global Baby)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-16	Common Stock	M	14000	$78.66	Acquired	19442.555	Direct
2019-05-16	Common Stock	S	14000	$107.00	Disposed	5442.555	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-15	Restricted Stock Units	$	A	12.826	Acquired		Common Stock (12.826)	Direct
2019-05-16	Stock Option (Right to Buy)	$78.66	M	14000	Disposed	2024-02-28	Common Stock (14000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10714.3779	Indirect
Common Stock	7259.5133	Indirect

Footnotes

F1: Total includes grant of dividend equivalents in the form of Restricted Stock Units (RSU's) settled in common stock.

F2: Dividend equivalents in the form of 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.

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.