Sec Form 4 Filing - LECKIE MARK M @ PROCTER & GAMBLE CO - 2007-02-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LECKIE MARK M
2. Issuer Name and Ticker or Trading Symbol
PROCTER & GAMBLE CO [ PG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Group President-Gillette GBU
(Last) (First) (Middle)
ONE PROCTER AND GAMBLE PLAZAONE PROCTER
3. Date of Earliest Transaction (MM/DD/YY)
02/28/2007
(Street)
CINCINNATI, OH45202
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10,062.396 D
Common Stock 1,391.832 ( 1 ) I by Savings Plan Trust-401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Supplemental Svgs Plan Units ( 2 ) 12/31/2006 A V 585.155 ( 2 ) ( 2 ) ( 2 ) Common Stock 585.155 ( 2 ) 1,411.283 ( 2 ) D
Stock Option (right to buy) $ 63.49 02/28/2007 A 63,003 02/28/2010 02/28/2017 Common Stock 63,003 $ 63.49 ( 3 ) 63,003 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LECKIE MARK M
ONE PROCTER AND GAMBLE PLAZAONE PROCTER
CINCINNATI, OH45202
Group President-Gillette GBU
Signatures
Adam Newton as Attorney-in-Fact for MARK M. LECKIE 03/02/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Holdings as of 12/31/2006.
( 2 )Allocated for the period 8/15/2006 through 12/31/2006 under The Gillette Company Supplemental Savings Plan, an excess benefit plan.
( 3 )Employee stock option granted under The Gillette Company 2004 Long Term Incentive Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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