CAMPBELL'S Co — Director's Dealing 2016

Sep 14, 2016

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2016-07-31

Reporting Person: vanBeuren Archbold D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-01	Common Stock	G	56000	—	Disposed	1009880	Indirect
2015-04-01	Common Stock	G	56000	—	Acquired	61998	Indirect
2015-07-13	Common Stock	G	23279	—	Disposed	38719	Indirect
2015-07-13	Common Stock	G	23279	—	Acquired	950188	Indirect
2015-10-20	Common Stock	G	9054	—	Disposed	6617	Indirect
2015-10-20	Common Stock	G	9054	—	Acquired	959242	Indirect
2016-01-04	Common Stock	G	50000	—	Disposed	959880	Indirect
2016-01-04	Common Stock	G	50000	—	Acquired	88719	Indirect
2016-02-11	Common Stock	G	66	—	Acquired	1024	Indirect
2016-06-30	Common Stock	G	175000	—	Disposed	784880	Indirect
2016-06-30	Common Stock	G	175000	—	Acquired	263719	Indirect
2016-07-01	Common Stock	G	170913	—	Disposed	92806	Indirect
2016-07-01	Common Stock	G	170913	—	Acquired	1130155	Indirect

Footnotes

F1: 56,000 shares were transferred from Arnott Investment Partners LP ("Arnott"), a family investment partnership in which the Reporting Person owns an interest, to the ADvB 2009 GRAT, a GRAT established by the Reporting Person. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the GRAT.

F2: vB Managers, is a family management company that both owns Common Stock and is the general partner of Arnott, the family investment partnership reported on this line that also owns shares of Common Stock. The Reporting Person owns a fractional interest in vB Managers and limited partnership interests in Arnott. The Reporting Person disclaims beneficial ownership of securities owned by Arnott except to the extent of his pecuniary interest therein.

F3: 23,279 shares were transferred from the ADvB 2009 GRAT to the Archbold D. van Beuren Revocable Trust, a revocable trust established by the Reporting Person and of which the Reporting Person is the trustee and beneficiary. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust.

F4: 9,054 shares were transferred from the ADvB 2013 GRAT to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust.

F5: 50,000 shares were transferred from Arnott, to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the Revocable Trust.

F6: 66 shares were transferred to vB Managers from a Charitable Lead Annuity Trust ("CLAT") established by the Reporting Person's late father. The Reporting Person is a beneficiary under the CLAT, but does not have a beneficial interest in the Common Stock held by the CLAT until such Common Stock is distributed to him pursuant to the terms of the CLAT or until the CLAT expires.

F7: vB Managers is a family management company that owns Common Stock. The Reporting Person owns a fractional interest in vB Managers and the shares reported on this line represent the shares in which the Reporting Person has a pecuniary interest, based on his fractional ownership of vB Managers. The Reporting Persons disclaims beneficial ownership of securities held by vB Managers except to the extent of his pecuniary interest therein.

F8: 175,000 shares were transferred from Arnott to the ADvB 2009 GRAT. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the GRAT.

F9: 170,913 shares were transferred from the ADvB 2009 GRAT to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust.