SEC Form 4 · accession 0000016732-17-000029
CAMPBELL'S Co · CPB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bennett Dorrance
Director · 10% Owner
Period of report
Mar 29, 2017
Accepted (ET)
Mar 31, 2017 · 1:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000016732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 29, 2017 | J | 937,800 | $0.00 | D | 17,019,341 | I | ADB Investments LP |
| Common StockF5 | Mar 29, 2017 | J | 7,883 | $0.00 | A | 470,877 | I | Bennett Dorrance Revocable Trust |
| Common StockF7 | Mar 29, 2017 | J | 6,039 | $0.00 | A | 8,082 | I | Hank, Inc. |
| Common StockF8,F5 | Mar 30, 2017 | P | 915,766 | $57.34 | A | 1,386,643 | I | Bennett Dorrance Revocable Trust |
| Common StockF9 | holding | — | — | — | 27,876,085 | I | Guillermo Investments, Inc. | |
| Common Stock | holding | — | — | — | 24,978 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pro rata distribution from ABD Investments LP to its partners.
- F2ABD 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.
- F3Held 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.
- F4Pro rata distribution from ABD Investments LP, of which the Bennett Dorrance Revocable Trust is a general partner.
- F5Bennett Dorrance is the sole Trustee of the Bennett Dorrance Revocable Trust.
- F6Pro rata distribution from ABD Investments LP, of which the Hank, Inc. is a general partner.
- F7Held by Hank, Inc., of which Mr. Dorrance is the majority owner and sole director.
- F8Shares 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.
- F9Held 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.