CAMPBELL'S Co — Director's Dealing 2015

Dec 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2015-12-09

Reporting Person: DORRANCE BENNETT (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-09	Common Stock	M	19260	$29.91	Acquired	24978	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-09	Employee Stock Option (right to buy)	$29.91	M	19260	Disposed	2016-01-01	Common Stock (19260.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2043	Indirect
Common Stock	27876085	Indirect
Common Stock	17957141	Indirect
Common Stocvk	460554	Indirect

Footnotes

F1: Mr. Dorrance disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

F2: Held by Hank, Inc. of which Mr. Dorrance is the majority owner and sole director.

F3: Held by Guillermo Investments LLC, of which Hank Inc. is the sole manager. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F4: Held by ABD Investments, LLC, of which Hank is the sole manager.

F5: Bennett Dorrance is the sole Trustee of the Bennett Dorrance Trust.

F6: The options vested cumulatively over three years at the rate of 30%,60%, 100% respectively on the first three anniversaries on the Grant Date.