Proctor and Gamble 2015 Annual Report Download - page 76

The Procter & Gamble Company 74
Plan Categor
a
Numer of securities to
e issued uon exercise
of outstanding otions,
warrants and rights

Weighted-
aerage exercise
rice of outstanding
otions, warrants and
rights
c
Numer of securities
remaining aailale for
future issuance under
euit comensation lans
excluding securities
reflected in column a
Euit comensation lans aroed 
securit holders 1
Options 254,163,681 $63.8297 (2)
Restricted Stock Units (RSUs)Performance
Stock Units (PSUs) 11,087,436 NA (2)
Euit comensation lans not aroed 
securit holders 
Options 6,128,201 59.8356 (4)
GRAND TOTAL 21,9,1 .5 (5) 15,05,00
(1) Includes The Procter & Gamble 1992 Stock Plan The Procter & Gamble 1993 Non-Employee Directors' Stock Plan The Procter & Gamble
2001 Stock and Incentive Compensation Plan The Procter & Gamble 2003 Non-Employee Directors' Stock Plan The Procter & Gamble
2009 Stock and Incentive Compensation Plan The Procter & Gamble 2013 Non-Employee Directors' Stock Plan and The Procter & Gamble
2014 Stock and Incentive Compensation Plan.
(2) Of the plans listed in (1), only The Procter & Gamble 2014 Stock and Incentive Compensation Plan allow for future grants of securities.
The maximum number of shares that may be granted under this plan is 185 million shares. Stock options and stock appreciation rights are
counted on a one for one basis while full value awards (such as RSUs and PSUs) will be counted as 5 shares for each share awarded. Total
shares available for future issuance under this plan is 156 million.
(3) Includes The Procter & Gamble Future Shares Plan and The Gillette Company 2004 Long-Term Incentive Plan.
(4) None of the plans listed in (3) allow for future grants of securities.
(5) eighted average exercise price of outstanding options only.
The Procter & Gamble Future Shares Plan
On October 14, 1997, the Company's oard of Directors
approved The Procter & Gamble Future Shares Plan pursuant
to which options to purchase shares of the Company's common
stock may be granted to employees worldwide. The purpose
of this plan is to advance the interests of the Company by giving
substantially all employees a stake in the Company's future
growth and success and to strengthen the alignment of interests
between employees and the Company's shareholders through
increased ownership of shares of the Company's stock. The
plan has not been submitted to shareholders for approval.
Subject to adjustment for changes in the Company's
capitalization, the number of shares to be granted under the
plan is not to exceed 17 million shares. Under the plan's
regulations, recipients are granted options to acquire 100 shares
of the Company's common stock at an exercise price equal to
the average price of the Company's common stock on the date
of the grant. These options vest five years after the date of
grant and expire ten years following the date of grant. If a
recipient leaves the employ of the Company prior to the vesting
date for a reason other than disability, retirement or special
separation (as defined in the plan), then the award is forfeited.
At the time of the first grant following oard approval of the
plan, each employee of the Company not eligible for an award
under the 1992 Stock Plan was granted options for 100 shares.
From the date of this first grant through June 30, 2003, each
new employee of the Company has also received options for
100 shares. Following the grant of options on June 30, 2003,
the Company suspended this part of the plan. The plan
terminated on October 13, 2007.
The Gillette Company 2004 Long-Term Incentive Plan
Shareholders of The Gillette Company approved The Gillette
Company 2004 Long-Term Incentive Plan on May 20, 2004,
and the plan was assumed by the Company upon the merger
between The Procter & Gamble Company and The Gillette
Company. All options became immediately vested and
exercisable on October 1, 2005 as a result of the merger. After
the merger, all outstanding options became options to purchase
shares of The Procter & Gamble Company subject to an
exchange ratio of .975 shares of P&G stock per share of Gillette
stock. Only employees previously employed by The Gillette
Company prior to October 1, 2005 are eligible to receive grants
under this plan.
The plan was designed to attract, retain and motivate
employees of The Gillette Company and, until the effective
date of the merger between The Gillette Company and The
Procter & Gamble Company, non-employee members of the
Gillette oard of Directors. Under the plan, eligible
participants are: (i) granted or offered the right to purchase
stock options, (ii) granted stock appreciation rights andor
(iii) granted shares of the Company's common stock or
restricted stock units (and dividend equivalents). Subject to
adjustment for changes in the Company's capitalization and
the addition of any shares authorized but not issued or
redeemed under The Gillette Company 1971 Stock Option
Plan, the number of shares to be granted under the plan is not
to exceed 19,000,000 shares.