UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of Earliest Event Reported):
September 25, 2008
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New Jersey
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Commission File Number
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21-0419870 |
State of Incorporation
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1-3822
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I.R.S. Employer |
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Identification No. |
One Campbell Place
Camden, New Jersey 08103-1799
Principal Executive Offices
Telephone Number: (856) 342-4800
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following
provisions:
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Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.02(e) On September 25, 2008, the Compensation and Organization Committee (the Committee)
of the Board of Directors of Campbell Soup Company (the Company) approved special grants of
13,500 restricted stock units each to Larry McWilliams, Senior Vice President and
President-Campbell International, and Denise Morrison, Senior Vice President and President-North
America Soup, Sauces and Beverages, pursuant to the Companys 2005 Long-Term Incentive Plan. In
making these special grants, the Committee considered the importance of Mr. McWilliams and Ms.
Morrisons continuing significant leadership of their respective business units and the competitive
environment for executive talent in the consumer packaged goods industry. The grants are not part
of their regular annual compensation. Each restricted stock unit represents a right to receive one
share of Company common stock upon vesting of the restricted stock unit. The restricted stock units
shall vest 100% on September 30, 2011, provided the officer continues to be employed by the Company
until that date.
The terms of the grants are set forth in the agreements filed as exhibits to this Form 8-K and
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
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2005 Long-Term Incentive Plan Special Time-Lapse Restricted Stock Unit Agreement, dated as of
October 1, 2008, between the Company and Larry S. McWilliams. |
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10.2 |
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2005 Long-Term Incentive Plan Special Time-Lapse Restricted Stock Unit Agreement, dated as of
October 1, 2008, between the Company and Denise M. Morrison. |
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