CAMPBELL'S Co — Director's Dealing 2014

Dec 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2014-12-04

Reporting Person: MALONE MARY ALICE (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-04	Common Stock	M	9320	$30.02	Acquired	39918264	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-04	Stock Options (right to buy)	$30.02	M	9320	Acquired	2015-01-01	Common Stock (9320)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13230543	Indirect
Common Stock	1333	Indirect
Common Stock	51158	Indirect

Footnotes

F1: Held by Contango LP, of which Hera Management LLC, a single member LLC of which Ms. Malone is the sole member, is the general partner. Ms. Malone disclaims beneficial ownership of all of the above shares except to the extent of her pecuniary interest therein.

F2: Held by Hera Management LLC, of which Ms. Malone is the sole member. Ms. Malone disclaims beneficial ownership of all of the above shares except to the extent of her pecuniary interest therein.

F3: Held by trusts for Ms. Malone's children. Ms. Malone is a trustee of these trusts and disclaims beneficial ownership of these shares.

F4: The options vested cumulatively over three years at the rate of 30%, 60%, 100% respectively on the first three anniversaries of the Grant Date.