X0306 4 2016-11-01 0001113169 PRICE T ROWE GROUP INC TROW 0001205247 CULP H LAWRENCE JR T. ROWE PRICE GROUP, INC. 100 E. PRATT STREET BALTIMORE MD 21202 1 Common Stock 4350 D Common Stock 874 I Culp Dynasty Trust Common Stock 249 I Culp Family Foundation Common Stock 884 I Wendy H. Culp Revocable Trust Common Stock 2064 I Winterset Lane, LLC Stock Options (Right to Buy) 63.82 2016-11-01 4 A 0 4350 0 A 2026-11-01 Common Stock 4350 4350 D Pursuant to the Amended and Restated 2007 Non-Employee Director Equity Plan, this stock option was issued at $63.82 per share, the closing price of TROW shares on November 1, 2016. The forfeiture provisions of the this award will vest upon the earliest of the following: (a) one year after the date of award, (b) the day immediately prior to the annual meeting of stockholders of the Company at which members of the Board of Directors are to be elected that occurs in the next calendar year following the year in which the date of award occurs, (c) death or (d) immediately before and contingent upon the occurrence of a Change in Control. /s/ Power of Attorney, Steven J. Banks, Director of Corporate Services 2016-11-02