SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DORRANCE BENNETT

(Last)

(First)

(Middle)

1 CAMPBELL PLACE

(Street)

CAMDEN

08103

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CAMPBELL SOUP CO [ CPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/29/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/29/2017		J⁽¹⁾		937,800⁽²⁾	D	$0	17,019,341	I	ADB Investments LP⁽³⁾
Common Stock	03/29/2017		J⁽⁴⁾		7,883	A	$0	470,877	I	Bennett Dorrance Revocable Trust⁽⁵⁾
Common Stock	03/29/2017		J⁽⁶⁾		6,039	A	$0	8,082	I	Hank, Inc.⁽⁷⁾
Common Stock	03/30/2017		P		915,766⁽⁸⁾	A	$57.34	1,386,643	I	Bennett Dorrance Revocable Trust⁽⁵⁾
Common Stock								27,876,085	I	Guillermo Investments, Inc.⁽⁹⁾
Common Stock								24,978	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pro rata distribution from ABD Investments LP to its partners.

2. ABD Investments LP distributed 937,800 shares of common stock on a pro rata basis to its partners as follows: Bennett Dorrance Revocable Trust - 7,883 shares; Hank, Inc. - 6,039 shares; Bennett Dorrance Jr. Revocable Trust - 4,056 shares; Ashley Dorrance Kaplan Revocable Trust - 4,056 shares; DFE Legacy Trust - 915,766 shares.

3. Held by ABD Investments Limited Partnership of which Mr. Dorrance is a majority general partner. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

4. Pro rata distribution from ABD Investments LP, of which the Bennett Dorrance Revocable Trust is a general partner.

5. Bennett Dorrance is the sole Trustee of the Bennett Dorrance Revocable Trust.

6. Pro rata distribution from ABD Investments LP, of which the Hank, Inc. is a general partner.

7. Held by Hank, Inc., of which Mr. Dorrance is the majority owner and sole director.

8. Shares transferred by DFE Legacy Trust to the Bennett Dorrance Revocable Trust to repay an existing debt. The shares were acquired by DFE Legacy Trust, a limited partner of ABD Investments LP, on March 29, 2017 as part of the distribution by ABD to its partners, reported above on line 1. The Reporting Person did not have a beneficial interest in the shares when they were held by DFE Legacy Trust.

9. Held by Guillermo Investments LLC, of which Hank Inc. is the sole manager. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Remarks:

	Charles A. Brawley, III, Attorney-in-Fact	03/31/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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