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CAMPBELL'S Co Director's Dealing 2005

Jan 5, 2005

30654_dirs_2005-01-05_a14cbef0-2436-41df-9e6f-2bf4cfac869e.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: 2005-01-01

Reporting Person: WEBER CHARLOTTE C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-12-03 Common Stock G 3000 $0.00 Disposed 18053092 Indirect
2005-01-01 Common Stock A 1375 $0.00 Acquired 22890 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-01-01 Stock Options $30.02 A 9320 Acquired 2015-01-01 Common Stock (9320) Direct

Footnotes

F1: Includes (i) 8,768,711 shares held by CSCS Holdings Limited Partnership ("CSCS"), of which the Trustees (including the reporting person) of the Deed of Trust of Charlotte C. Weber dated May 10, 1968 ("1968 Trust") and the Charlotte C. Weber Year 2002 Grantor Retained Annuity Trust are the limited partners and CSCS Inc. is the general partner; (ii) 8,073,957 shares held by Suppe; (iii) 1,191,959 shares held by the 1968 Trust; and (iv) 18,465 shares held by CSCS Inc. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.

F2: Includes dividend reinvestment shares.

F3: The options vest cumulatively over three years at the rate of 30%, 60%, 100% respectively on the first three anniversaries of the Grant Date.