SEC Form 4 · accession 0001127602-16-060634
PROCTER & GAMBLE Co · PG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven D Bishop
Officer — Group President Global Health
Period of report
Aug 16, 2016
Accepted (ET)
Aug 18, 2016 · 3:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080424
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 16, 2016 | A | 6,454 | $0.00 | A | 51,839 | D | |
| Common Stock | Aug 16, 2016 | M | 65 | $86.16 | A | 51,904 | D | |
| Common StockF2 | Aug 16, 2016 | F | 65 | $86.16 | D | 51,839 | D | |
| Common Stock | Aug 16, 2016 | M | 33,243 | $66.18 | A | 85,082 | D | |
| Common Stock | Aug 16, 2016 | S | 33,243 | $86.6369 | D | 51,839 | D | |
| Common StockF3,F4,F5 | Aug 17, 2016 | S | 2,399 | $86.2992 | D | 49,440 | D | |
| Common Stock | holding | — | — | — | 18,212 | I | By Retirement Plan Trustee | |
| Common StockF6 | holding | — | — | — | 1,032 | I | JMB Irrevocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F8,F9 | — | Aug 15, 2016 | A | 76 | A | — | — | Common Stock | 76 | 158 | D |
| Restricted Stock UnitsF10,F11 | — | Aug 16, 2016 | M | 65 | D | — | — | Common Stock | 65 | 1,227 | D |
| Stock Option (Right to Buy) | $66.18 | Aug 16, 2016 | M | 33,243 | D | Feb 28, 2011 | Feb 28, 2018 | Common Stock | 33,243 | 0 | D |
Explanation of responses
- F1Stock award pursuant to issuer's 2014 Stock and Incentive Compensation Plan.
- F10Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2016.
- F11These 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.
- F2Shares withheld to cover taxes on previous Restricted Stock Unit grant.
- F3Shares sold to cover taxes on Restricted Stock Unit grant.
- F4Weighted average price of the shares sold. The Price range was $86.08 to $86.43. Full information regarding the number of shares sold at each price available upon request.
- F5Total includes grant of dividend equivalents in the form of Restricted Stock Units (RSUs) settled in common stock.
- F6Johnathan Mark Bishop Trust, U/A December 23, 2013, Connie Bishop, Trustee.
- F7Dividend 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.
- F8These 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.
- F9These 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.