CAMPBELL'S Co — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2020-12-31

Reporting Person: vanBeuren Archbold D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	A	769	—	Acquired	46882	Indirect
2020-06-01	Common Stock	G	125000	—	Disposed	659880	Indirect
2020-06-01	Common Stock	G	125000	—	Acquired	116008	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	682127	Indirect
Common Stock	2857	Indirect
Common Stock	488	Indirect
Common Stock	180000	Indirect

Footnotes

F1: Amount reflects the substitution of 206,739 shares from the ADvB Revocable Trust to the ADvB 2008 GRAT on October 1, 2020 and the contribution of 8,992 shares from the ADvB 2016 GRAT to the ADvB Revocable Trust on October 1, 2020.

F2: 125,000 shares were transferred from Arnott Investment Partners LP ("Arnott"), a family investment partnership in which the reporting person owns an interest to the ADvB 2016 GRAT, a GRAT established by the reporting person. The shares reported on this line represent the shares in which the reporting person owns a pecuniary interest. The reporting person disclaims beneficial ownership of the securities held by Arnott except to the extent of his pecuniary interest therein.

F3: 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 pecuniary person has a pecuniary interest, based on his fractional ownership of AMC. The reporting person disclaims beneficial ownership of securities owned by such family investment partnership except to the extent of his pecuniary interest therein.

F4: vBManager is a family management company that owns Common Stock. The reporting person owns a fractional interest in VBManager 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 VBManager. The reporting person disclaims beneficial ownership of the securities held by vBManager except to the extent of his pecuniary interest therein.

F5: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.