GENERAL MILLS INC — Director's Dealing 2012

Aug 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2012-08-28

Reporting Person: Friendly Ian R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-28	Common Stock	M	32000	$21.93	Acquired	320183.34	Direct
2012-08-28	Common Stock	S	32000	$39.6	Disposed	288183.34	Direct
2012-08-28	Common Stock	M	15000	$23.055	Acquired	303183.34	Direct
2012-08-28	Common Stock	S	15000	$39.6	Disposed	288183.34	Direct
2012-08-28	Common Stock	M	15000	$23.055	Acquired	303183.34	Direct
2012-08-28	Common Stock	S	10934	$39.6	Disposed	292249.34	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-28	Non-Qualified Stock Option (right to buy)	$21.93	M	32000	Disposed	2013-01-16	Common Stock (32000)	Direct
2012-08-28	Non-Qualified Stock Option (right to buy)	$23.055	M	15000	Disposed	2014-01-15	Common Stock (15000)	Direct
2012-08-28	Non-Qualified Stock Option (right to buy)	$23.055	M	15000	Disposed	2014-01-15	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	752	Indirect
Common Stock	752	Indirect
Common Stock	752	Indirect
Common Stock	13296	Indirect
Common Stock	8288	Indirect
Common Stock	7950	Indirect

Footnotes

F1: Shares were sold pursuant to a 10b5-1 trading plan dated April 4, 2012.

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.