CAMPBELL'S Co — Director's Dealing 2021

Jan 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2020-12-30

Reporting Person: Averill Howard M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-30	Phantom Stock	$	A	778.32	Acquired		Common Stock (778.32)	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 72.05 shares acquired through dividend reinvestment since the reporting person's last report.