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: 2017-01-06

Reporting Person: Lautenbach Marc Bradley (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-06	Phantom Stock	$	A	2187	Acquired		Common Stock (2187.0)	Direct

Footnotes

F1: Each share of Phantom Stock is the economic equivalent of one share of issuer common stock.

F2: Phantom shares are fully vested.

F3: The value of phantom stock is payable in cash from the Company's Supplemental Retirement Plan upon reporting person's retirement, resignation or termination.

F4: Includes 182 shares acquired through dividend reinvestment since the reporting person's last report.