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GENERAL MILLS INC Director's Dealing 2007

Jan 5, 2007

30191_dirs_2007-01-05_c9169c04-36ef-4fda-bd0f-ca4055b1fc71.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2007-01-03

Reporting Person: Powell Kendall J (Director, PRESIDENT & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-01-03 COMMON STOCK M 14215 $34.7800 Acquired 0 Direct
2007-01-03 COMMON STOCK M 3580 $32.2500 Acquired 0 Direct
2007-01-03 COMMON STOCK S 2395 $57.5900 Disposed 0 Direct
2007-01-03 COMMON STOCK S 500 $57.6000 Disposed 0 Direct
2007-01-03 COMMON STOCK S 4700 $57.5100 Disposed 0 Direct
2007-01-03 COMMON STOCK S 700 $57.5800 Disposed 0 Direct
2007-01-03 COMMON STOCK S 100 $57.5400 Disposed 0 Direct
2007-01-03 COMMON STOCK S 1700 $57.4600 Disposed 0 Direct
2007-01-03 COMMON STOCK S 2200 $57.5300 Disposed 0 Direct
2007-01-03 COMMON STOCK S 1000 $57.5200 Disposed 0 Direct
2007-01-03 COMMON STOCK S 300 $57.5600 Disposed 0 Direct
2007-01-03 COMMON STOCK S 600 $57.5000 Disposed 0 Direct
2007-01-03 COMMON STOCK S 200 $57.4800 Disposed 0 Direct
2007-01-03 COMMON STOCK S 2000 $57.4700 Disposed 0 Direct
2007-01-03 COMMON STOCK S 600 $57.6100 Disposed 0 Direct
2007-01-03 COMMON STOCK S 200 $57.4500 Disposed 0 Direct
2007-01-03 COMMON STOCK S 100 $57.4200 Disposed 0 Direct
2007-01-03 COMMON STOCK S 500 $57.4000 Disposed 73590 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-01-03 OPTION TO BUY $34.7800 M 14215 Disposed 2007-09-01 COMMON STOCK (14215) Direct
2007-01-03 OPTION TO BUY $32.2500 M 3580 Disposed 2007-07-23 COMMON STOCK (3580) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 767 Indirect

Footnotes

F1: Held in Trust by the Trustee of the General Mills Savings Plan.

F2: Shares were sold pursuant to a 10b5-1 trading plan dated 11-8-2006

F3: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.