SEC Form 4 · accession 0001127602-17-002305
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
Sep 30, 2016
Accepted (ET)
Jan 25, 2017 · 8:25 am EST
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,F2 | Dec 6, 2016 | G | 337 | $0.00 | D | 49,131 | D | |
| Common StockF3,F4 | Dec 6, 2016 | G | 337 | $0.00 | A | 1,369 | I | JMB Irrevocable Trust |
| Common Stock | Dec 6, 2016 | G | 36 | $0.00 | D | 49,095 | D | |
| Common Stock | Dec 7, 2016 | G | 1,133 | $0.00 | D | 47,962 | D | |
| Common Stock | Dec 8, 2016 | G | 2,089 | $0.00 | D | 45,873 | D | |
| Common Stock | Jan 23, 2017 | M | 47,748 | $48.17 | A | 93,621 | D | |
| Common StockF5 | Jan 23, 2017 | S | 47,748 | $86.9811 | D | 45,873 | D | |
| Common StockF6 | holding | — | — | — | 19,088 | I | By Retirement Plan Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF8,F7,F9 | — | Sep 30, 2016 | A | 175 | A | — | — | Common Stock | 175 | 8,408 | I |
| Restricted Stock UnitsF10,F11 | — | Nov 15, 2016 | A | 90 | A | — | — | Common Stock | 90 | 248 | D |
| Stock Option (Right to Buy) | $48.17 | Jan 23, 2017 | M | 47,748 | D | Feb 27, 2012 | Feb 27, 2019 | Common Stock | 47,748 | 0 | D |
Explanation of responses
- F1Total includes grant of dividend equivalents in the form of Restricted Stock Units (RSUs) settled in common stock.
- F10Dividend 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.
- F11These 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.
- F2Total reflects transfer of shares from direct holdings to trust account.
- F3Total reflects transfer of shares from direct holdings to JMB trust account.
- F4Johnathan Mark Bishop Trust, U/A December 23, 2013, Connie Bishop, Trustee.
- F5Weighted average price of the shares sold. The Price range was $86.91 to $87.07. Full information regarding the number of shares sold at each price available upon request.
- F6Reflects adjustment to PST through December 31, 2016.
- F7Higher of $6.82 (adjusted for 2-for-1 stock split effective May 21, 2004) or market price of Common Stock.
- F8Series A Preferred Stock allocated to Officer's Retirement Plan Account pursuant to Retirement Plan provisions for the period ending 9/30/2016.
- F9Shares held by Retirement Plan Trustees. If Officer terminates employment and elects distribution of shares, or, if after age 50 elects alternative investment within Plan, Preferred Stock converted/redeemed at specified conversion/exercise price.