CAMPBELL'S Co — Director's Dealing 2012

Apr 4, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2012-04-01

Reporting Person: Morrissey Robert W (Senior Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	88900	Direct
Common Stock	967	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$26.36	2014-09-23	Common Stock (9614)		Direct
Phantom Stock	$		Common Stock (3615)		Direct

Footnotes

F1: The options vested cumulatively over three years at the rate of 30%, 60% and 100% respectively on the first three anniversaries of the grant date of 09/23/2004.

F2: Phantom shares are fully vested.

F3: Shares of phantom stock are payable only in cash from the Company's deferred compensation plan upon reporting person's retirement, resignation or termination.

F4: 1-for-1