XNYS:GIS General Mills Inc Insider Activity 4 Filing - 8/28/2012

Effective Date 8/28/2012

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Friendly Ian R
  2. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [GIS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
NUMBER ONE GENERAL MILLS BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2012
(Street)

MINNEAPOLIS, MN 55426
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 08/28/2012   M   32,000 A $21.93 320,183.34 D  
Common Stock 08/28/2012   S   32,000(1) D $39.6 288,183.34 D  
Common Stock 08/28/2012   M   15,000 A $23.055 303,183.34 D  
Common Stock 08/28/2012   S   15,000(1) D $39.6 288,183.34 D  
Common Stock 08/28/2012   M   15,000 A $23.055 303,183.34 D  
Common Stock 08/28/2012   S   10,934(1) D $39.6 292,249.34 D  
Common Stock               752 I by Child #1(2)
Common Stock               752 I by Child #2(2)
Common Stock               752 I by Child #3(2)
Common Stock               13,296 I by Trust(3)
Common Stock               8,288 I by Trust 2(4)
Common Stock               7,950 I by Trust 3(5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $21.93 08/28/2012   M     32,000 12/16/2006 01/16/2013 Common Stock 32,000 $ 0 32,000 D  
Non-Qualified Stock Option (right to buy) $23.055 08/28/2012   M     15,000 12/15/2007 01/15/2014 Common Stock 15,000 $ 0 45,000 D  
Non-Qualified Stock Option (right to buy) $23.055 08/28/2012   M     15,000 12/15/2007 01/15/2014 Common Stock 15,000 $ 0 30,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Friendly Ian R
NUMBER ONE GENERAL MILLS BOULEVARD
MINNEAPOLIS, MN 55426
      Executive Vice President  

Signatures

 By: Christopher A Rauschl For: Ian R Friendly   08/30/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Shares were sold pursuant to a 10b5-1 trading plan dated April 4, 2012.
(2) Shares held in irrevocable trust for the benefit of reporting person's child(ren).
(3) Held in Trust by the Trustee of the General Mills Savings Plan.
(4) Held in Trust for which the reporting person's spouse is a trustee and the reporting person's spouse and children are beneficiaries.
(5) Grantor Retained Annuity Trust for which reporting person serves as trustee and exercises investment and voting control.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNYS:GIS General Mills Inc Insider Activity 4 Filling

General Mills Inc XNYS:GIS Stock - Get Insider Activity SEC Filing of General Mills Inc XNYS:GIS stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNYS:GIS General Mills Inc Insider Activity 4 Filing - 8/28/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Title |  Date |  Company |  Symbol |  Interest |  Popularity

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