CAMPBELL'S Co — Director's Dealing 2012

Dec 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2012-12-06

Reporting Person: KADEN ELLEN O (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-06	Common Stock	M	100000	$26.84	Acquired	430038	Direct
2012-12-06	Common Stock	S	100000	$36.44	Disposed	330038	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-06	Employee Stock Option	$26.84	M	100000	Acquired	2003-09-25	Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10431	Indirect

Footnotes

F1: The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $36.275 to and including $36.57. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff.

F2: The options vested cumulatively over three years at the rate of 30%, 60%, 100% respectively on the first three anniversaries of the Grant Date.