SEC Form 4 · accession 0000016732-17-000061
CAMPBELL'S Co · CPB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise M Morrison
Officer — President and CEO · Director
Period of report
Sep 30, 2017
Accepted (ET)
Oct 3, 2017 · 3:11 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 Stock | Sep 30, 2017 | F | 66,970 | $47.05 | D | 341,281 | D | |
| Common StockF1 | Sep 30, 2017 | A | 20,559 | $0.00 | A | 361,840 | D | |
| Common Stock | Sep 30, 2017 | A | 24,832 | $0.00 | A | 386,672 | D | |
| Common StockF2 | holding | — | — | — | 1,165 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $47.185 | Oct 1, 2017 | A | 207,468 | A | — | Oct 1, 2027 | Common Stock | 207,468 | 207,468 | D |
Explanation of responses
- F1On October 1, 2014, the Reporting Person was granted 82,238 RSUs that were subject to both performance-vesting and service-vesting requirements; the number of shares underlying these RSUs were reported on Form 4 at the time of grant at the target amount. Based on the level at which the performance goals were attained, the October 1, 2014 RSU grant vested at 125% on September 30, 2017, resulting in the Reporting Person receiving the additional shares reported above.
- F2Represents routine transactions under the issuer's 401(k) Plan since the date of the reporting person's last report.
- F3The options will vest in equal installments on each of the first three anniversaries of the Grant Date.