SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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^*

Geissler Werner

(Last)

(First)

(Middle)

ONE PROCTER AND GAMBLE PLAZA

(Street)

CINCINNATI

45202

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2007

3. Issuer Name and Ticker or Trading Symbol
PROCTER & GAMBLE CO [ PG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Vice Chairman - GO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	124,241.922	D
Common Stock	3,881.7051	I	By Retirement Plan Trustees
Common Stock	1,983	I	by Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Preferred Stock	^{( 1 )}	^{( 1 )}	Common Stock	1,121.1557	0 ^{( 2 )}	I	By Retirement Plan Trustees
Stock Option (right to buy)	02/27/1999	02/27/2008	Common Stock	28,568	41.9732	D
Stock Option (right to buy)	07/09/1999	07/09/2008	Common Stock	4,930	45.2129	D
Stock Option (right to buy)	02/26/2002	02/26/2014	Common Stock	14,626	44.2656	D
Stock Option (right to buy)	07/09/2002	07/09/2014	Common Stock	5,540	42.7329	D
Stock Option (right to buy)	09/15/2002	09/15/2014	Common Stock	43,786	49.4759	D
Stock Option (right to buy)	07/10/2003	07/10/2015	Common Stock	14,378	27.4459	D
Stock Option (right to buy)	09/15/2003	09/15/2015	Common Stock	98,304	31.0118	D
Stock Option (right to buy)	09/15/2003	09/15/2015	Common Stock	17,844	31.0118	D
Stock Option (right to buy)	09/24/2004	09/24/2016	Common Stock	101,260	34.5688	D
Stock Option (right to buy)	09/13/2005	09/13/2012	Common Stock	54,750	45.6625	D
Stock Option (right to buy)	02/27/2007	02/27/2014	Common Stock	61,592	51.415	D
Stock Option (right to buy)	02/27/2007	02/27/2014	Common Stock	30,796	51.415	D
Stock Option (right to buy)	02/28/2008	02/28/2015	Common Stock	69,970	53.595	D
Stock Option (right to buy)	02/28/2009	02/28/2016	Common Stock	70,248	60.5	D
Stock Option (right to buy)	02/28/2010	02/28/2017	Common Stock	94,504	63.49	D

Explanation of Responses:

1. Shares 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.

2. Higher of $6.82 (adjusted for 2-for-1 stock split effective May 21, 2004) or market price of Common Stock.

Remarks:

	/s/ Jason P. Muncy as Attorney-in-Fact for WERNER GEISSLER	07/11/2007
	** Signature of Reporting Person	Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.