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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MORELAND KENNETH V
2. Issuer Name and Ticker or Trading Symbol

PRICE T ROWE GROUP INC [ TROW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO & Vice President
(Last)          (First)          (Middle)

T. ROWE PRICE GROUP, INC., P.O. BOX 89000
3. Date of Earliest Transaction (MM/DD/YYYY)

1/2/2018
(Street)

BALTIMORE, MD 21289-0320
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/2/2018     A    12.704   A $105.3369   (1) 100795.615   D    
Common Stock   1/2/2018     M    921   A $60.7984   101716.615   D    
Common Stock   1/2/2018     M    1230   A $69.6708   102946.615   D    
Common Stock   1/2/2018     M    1229   A $70.2854   104175.615   D    
Common Stock   1/2/2018     M    1179   A $77.9443   105354.615   D    
Common Stock   1/2/2018     M    1179   A $78.4418   106533.615   D    
Common Stock   1/2/2018     M    1179   A $80.9492   107712.615   D    
Common Stock   1/2/2018     M    1149   A $70.92   108861.615   D    
Common Stock   1/2/2018     M    1479   A $67.5613   110340.615   D    
Common Stock   1/2/2018     M    1300   A $59.0693   111640.615   D    
Common Stock   1/2/2018     M    379   A $60.7984   112019.615   D    
Common Stock   1/2/2018     M    2   A $70.2854   112021.615   D    
Common Stock   1/2/2018     M    1   A $70.92   112022.615   D    
Common Stock   1/2/2018     F    1937   D $103.08   110085.615   D    
Common Stock   1/2/2018     S    8066   D $104.1201   (2) 102019.615   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Options (Right to Buy)   $60.7984   1/2/2018     M         921    12/10/2013   (3) 9/6/2022   Common Stock   921   $0   379   D    
Stock Options (Right to Buy)   $69.6708   1/2/2018     M         1230    12/10/2014   (4) 2/21/2023   Common Stock   1230   $0   1229   D    
Stock Options (Right to Buy)   $70.2854   1/2/2018     M         1229    12/10/2014   (5) 9/10/2023   Common Stock   1229   $0   1231   D    
Stock Options (Right to Buy)   $77.9443   1/2/2018     M         1179    12/10/2015   (6) 2/19/2024   Common Stock   1179   $0   2356   D    
Stock Options (Right to Buy)   $78.4418   1/2/2018     M         1179    12/10/2015   (7) 9/9/2024   Common Stock   1179   $0   2357   D    
Stock Options (Right to Buy)   $80.9492   1/2/2018     M         1179    12/9/2016   (8) 2/19/2025   Common Stock   1179   $0   3535   D    
Stock Options (Right to Buy)   $70.92   1/2/2018     M         1149    12/9/2016   (9) 9/10/2025   Common Stock   1149   $0   3451   D    
Stock Options (Right to Buy)   $67.5613   1/2/2018     M         1479    11/1/2012   (10) 2/17/2021   Common Stock   1479   $0   0   D    
Stock Options (Right to Buy)   $59.0693   1/2/2018     M         1300    12/10/2013   (11) 2/23/2022   Common Stock   1300   $0   0   D    
Stock Options (Right to Buy)   $60.7984   1/2/2018     M         379    12/10/2013   (3) 9/6/2022   Common Stock   379   $0   0   D    
Stock Options (Right to Buy)   $70.2854   1/2/2018     M         2    12/10/2014   (5) 9/10/2023   Common Stock   2   $0   1229   D    
Stock Options (Right to Buy)   $70.92   1/2/2018     M         1    12/9/2016   (9) 9/10/2025   Common Stock   1   $0   3450   D    

Explanation of Responses:
(1)  ESPP - Shares purchased pursuant to the T. Rowe Price Group, Inc. Employee Stock Purchase Plan at the noted weighted-average price.
(2)  The range of prices for this transaction were $104.11 to $104.18. Will provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(3)  09/06/2012 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2013.
(4)  02/21/2013 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2014.
(5)  09/10/2013 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2014.
(6)  02/19/2014 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2015.
(7)  09/09/2014 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2015.
(8)  02/19/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/09/2016.
(9)  09/10/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/09/2016.
(10)  02/17/2011 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2012.
(11)  02/23/2012 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MORELAND KENNETH V
T. ROWE PRICE GROUP, INC.
P.O. BOX 89000
BALTIMORE, MD 21289-0320


CFO & Vice President

Signatures
/s/ Kenneth V. Moreland, Chief Financial Officer 1/4/2018
** 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 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).
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 control number.
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