Theresa Grabowski - Aug 3, 2021 Form 4 Insider Report for PROCTER & GAMBLE Co (PG)

Role: Chief Human Resources Officer
Signature: /s/ Aaron B. Shepherd, attorney-in-fact for M. Theresa Grabowski
Stock symbol: PG
Transactions as of: Aug 3, 2021
Transactions value $: -$999,779
Form type: 4
Date filed: 8/4/2021, 11:12 AM
Next filing: Aug 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PG	Common Stock	Options Exercise	$1.22M	+15.5K	+800.3%	$78.66	17.5K	Aug 3, 2021	Direct	F1
transaction	PG	Common Stock	Sale	-$2.22M	-15.5K	-88.89%	$143.00	1.94K	Aug 3, 2021	Direct
holding	PG	Common Stock						7.58K	Aug 3, 2021	By Retirement Plan Trustee	F2
holding	PG	Common Stock						276	Aug 3, 2021	Joseph H. Stagaman II Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PG	Restricted Stock Units	Award	$0	+6.43	+35.25%	$0.00	24.7	Feb 16, 2021	Common Stock	6.43		Direct	F3, F4
transaction	PG	Restricted Stock Units	Award	$0	+6.57	+26.6%	$0.00	31.3	May 17, 2021	Common Stock	6.57		Direct	F3, F4
transaction	PG	Stock Option (Right to Buy)	Options Exercise	$0	-15.5K	-100%	$0.00^*	0	Aug 3, 2021	Common Stock	15.5K	$78.66	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Total includes grant of dividend equivalents in the form of Restricted Stock Units (RSU's) settled in common stock.
F2	Reflects adjustment to PST through June 30, 2021.
F3	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.
F4	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.