GENERAL MILLS INC — Director's Dealing 2010

Oct 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2010-10-07

Reporting Person: OLeary Christopher D (EVP, COO & Intl)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-07	Common Stock	M	70000	$20.235	Acquired	240051	Direct
2010-10-07	Common Stock	S	70000	$37.1389	Disposed	170051	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-07	Non-Qualified Stock Option (right to buy)	$20.235	M	70000	Disposed	2011-01-18	Common Stock (70000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2071	Indirect

Footnotes

F1: Represents the weighted average of actual sale prices that range from $37.10 to $37.20. Full information regarding the number of shares sold at each separate price is available upon request of the Securities and Exchange Commission or any security holder of the company.

F2: Held in Trust by the Trustee of the General Mills Savings Plan.

F3: Employee option (right to buy) granted under shareholder-approved stock option plans.