Key LTIP Rules Based on How You Leave P&G

Retirement or separation

Awards received less than 1 year before your exit:

• These are prorated based on the number of days worked in the first year after the October 1 grant date.
• Example: If you retire December 31 and received an October 1 award, you’d retain about 3/12ths.
• That portion vests on the original schedule and keeps its expiration date.

Important: You must work at least four weeks after October 1 (until at least October 28) to retain any portion of that year’s award. Awards received more than 1 year before your exit



• You fully retain these.
• They vest and expire per the original schedule.

Voluntary resignation or involuntary termination

• Vested LTIP stock options must be exercised before your last day or they’ll be canceled.
• All unvested LTIP options and RSUs are canceled.
• Previously vested RSUs stay in your E*TRADE account.



Note: STAR stock options are not canceled (see below).

STAR stock options have different rules

If you have STAR stock options (both vested and unvested):



• You retain them for the full 10-year term, regardless of how you leave the company.
• This assumes you continue to comply with the stock plan’s non-solicitation and other terms.

Don't miss these administrative reminders

• You are responsible for tracking option expiration dates and understanding tax implications.
• You retain access to your E*TRADE account after separation.
• P&G will deactivate your bank info 90 days post-exit (unless you’re Band 3+).
• If you exercise options after that, you’ll be paid by paper check unless you’ve updated your account.
• To update banking info, contact Get Help at 833-441-4357 or use online chat.

Don't Leave Money on the Table

LTIP and STAR awards can be a significant part of your compensation and future wealth. Don’t let confusion or missed deadlines cost you.

At Savvy Wealth, we help P&G employees transition with clarity maximizing what they’ve earned and reducing unnecessary risk.

Need help reviewing your awards or planning your next move?