CAMPBELL'S Co — Director's Dealing 2017

Jan 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2016-10-01

Reporting Person: vanBeuren Archbold D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-01	Common Stock	G	2321	—	Acquired	2857	Indirect
2016-10-01	Common Stock	G	6617	—	Disposed	0	Indirect
2016-10-01	Common Stock	G	6617	—	Acquired	1136772	Indirect
2016-12-13	Common Stock	G	1750	—	Disposed	1135022	Indirect
2017-01-06	Common Stock	A	2181	—	Acquired	1137203	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	784880	Indirect
Common Stock	488	Indirect
Common Stock	92806	Indirect
Common Stock	22938	Indirect

Footnotes

F1: An aggregate of 2,321 shares were transferred from two limited partnerships to ABANCO Management Corp ("AMC"). The Reporting Person did not have a beneficial ownership interest in the shares on common stock held by the limited partnerships prior to the transfer.

F2: AMC is a family management company that owns Common Stock. The Reporting Person owns a fractional interest in AMC 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 AMC. The Reporting Person disclaims beneficial ownership of the securities held by AMC except to the extent of his pecuniary interest therein.

F3: 6,617 shares were contributed by 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.

F4: 1,750 shares were donated by the Archbold D. van Beuren Revocable Trust to a charitable gift fund. The Reporting Person no longer has beneficial ownership or a pecuniary interest in these shares.

F5: These shares are held by Arnott Investment Partners LP ("Arnott"), a family investment partnership in which the Reporting Person owns an interest. The shares reported on this line represent the shares in which the Reporting Person has a pecuniary interest, based on his fractional ownership. The Reporting Person disclaims beneficial ownership of the securities held by Arnott except to the extent of his pecuniary interest therein.

F6: These shares are held by vB Managers, 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. The Reporting Person disclaims beneficial ownership of the securities held by vB Managers except to the extent of his pecuniary interest therein.