X0305 4 2012-03-30 0 0001029506 RALCORP HOLDINGS INC /MO RAH 0001413813 Wenzel David R C/O RALCORP HOLDINGS, INC. 800 MARKET STREET, SUITE 2600 SAINT LOUIS MO 63101 1 0 0 0 Ralcorp Holdings, Inc. Stock Equivalents 2012-03-30 4 A 0 97 74.09 A $.01 Par Value Common Stock 97 9455 D Reporting person's retainers and fees earned as a Director of Issuer are deferred into Ralcorp Holdings, Inc. Stock Equivalents under the Issuer's Deferred Compensation Plan for Non-Management Directors. Reporting person is credited with stock equivalent as soon as administratively practicable following the month in which such retainers and fees are earned. The value of these stock equivalents is distributed (on a one-for-one basis) in the form of cash upon retirement from the Board of Directors. The stock equivalents have no fixed exercisable or expiration dates. Fractional shares credited monthly are reflected in the end of month total. Gregory A. Billhartz, Attorney-in-Fact for David R. Wenzel 2012-04-03