GENERAL MILLS INC — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2012-12-21

Reporting Person: Friendly Ian R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-21	Common Stock	M	115500	$23.485	Acquired	411877.37	Direct
2012-12-21	Common Stock	S	115500	$41.0845	Disposed	296377.37	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-21	Non-Qualified Stock Option (right to buy)	$23.485	M	115500	Disposed	2015-01-13	Common Stock (115500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	752	Indirect
Common Stock	752	Indirect
Common Stock	752	Indirect
Common Stock	13400	Indirect
Common Stock	8288	Indirect
Common Stock	7950	Indirect

Footnotes

F1: Represents the weighted average of actual sale prices that range from $41.00 to $41.16. 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: Shares held in irrevocable trust for the benefit of reporting person's child(ren).

F3: Held in Trust by the Trustee of the General Mills Savings Plan.

F4: Held in Trust for which the reporting person's spouse is a trustee and the reporting person's spouse and children are beneficiaries.

F5: Grantor Retained Annuity Trust for which reporting person serves as trustee and exercises investment and voting control.