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CAMPBELL'S Co Director's Dealing 2005

Nov 23, 2005

30654_dirs_2005-11-23_6ac769fe-cf97-49f2-b37f-8c000a2bd60f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2005-11-21

Reporting Person: WHITE DAVID R (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-11-21 Common Stock J 26000 $0.00 Disposed 2000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-11-21 Phantom Stock $ J 2600 Acquired Common Stock (2600) Direct
2005-11-21 Phantom Stock $ J 2600 Acquired Common Stock (2600) Direct
2005-11-21 Phantom Stock $ J 20800 Acquired Common Stock (20800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 137 Indirect

Footnotes

F1: The reporting person elected to defer restricted shares that were granted on September 22, 2005 and reported at that time as shares in Table I.

F2: 1-for-1

F3: Shares of phantom stock are payable in cash or stock from the Company's Deferred Compensation Plan upon reporting person's retirement, resignation or termination.