CAMPBELL'S Co — Director's Dealing 2012

Dec 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2012-12-04

Reporting Person: DISILVESTRO ANTHONY (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-04	Common Stock	M	40000	$26.84	Acquired	167949	Direct
2012-12-04	Common Stock	S	40000	$36.51	Disposed	127949	Direct
2012-12-04	Common Stock	M	42310	$26.36	Acquired	170259	Direct
2012-12-04	Common Stock	S	42310	$36.51	Disposed	127949	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-04	Employee Stock Options	$26.84	M	40000	Disposed	2013-09-25	Common Stock (40000)	Direct
2012-12-04	Employee Stock Options	$26.36	M	42310	Disposed	2014-09-23	Common Stock (42310)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15017	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 $36.46 to and including $36.58. 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.