CAMPBELL'S Co — Director's Dealing 2013

May 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2013-05-24

Reporting Person: WHITE DAVID R (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-24	Common Stock	S	5193	$45.61	Disposed	86183	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-24	Phantom Stock	$	I	14771	Disposed		Common Stock (14771)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	637	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 $45.60 to and including $45.64. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff.

F2: Each share of phantom stock is the economic equivalent of one share of CPB common stock. Shares of phantom stock are fully vested, are payable in cash from the Company's Deferred Compensation Plan or Supplemental Retirement Plan upon the reporting person's resignation, retirement or termination, and may be transferred by the reporting person into another investment option available under the relevant plan.

F3: The reporting person transferred the economic equivalent of 14,771 shares of CPB common stock into other investment options available under the Campbell Soup Company Supplemental Retirement Plan.