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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1. Name and Address of Reporting Person * DALE ROBERT V   2. Issuer Name and Ticker or Trading Symbol CRACKER BARREL OLD COUNTRY STORE, INC [CBRL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 305 HARTMANN DR 3. Date of Earliest Transaction (Month/Day/Year) 06/04/2012 (Street) LEBANON, TN 37087 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 06/04/2012   M   2,000 A $ 43.13 20,272 D   Common Stock 06/04/2012   S   2,000 D $ 58.49 (1) 18,272 D   Common Stock 06/04/2012   M   667 A $ 32.86 18,939 D   Common Stock 06/04/2012   S   667 D $ 58.49 (1) 18,272 D   Common Stock 06/04/2012   M   1,333 A $ 14.56 19,605 D   Common Stock 06/04/2012   S   1,333 D $ 58.49 (1) 18,272 D

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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

Stock Options (right to buy)

$ 43.13

06/04/2012

M

2,000

(2)

11/28/2016

Comm on Stock

2,000

$ 0

0

D

Stock Options (right to buy)

$ 32.86

06/04/2012

M

667

(3)

11/29/2017

Common Stock

667

$ 0

0

D

Stock Options (right to buy)

$ 14.56

06/04/2012

M

1,333

(4)

11/25/2018

Common Stock

1,333

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DALE ROBERT V 305 HARTMANN DR LEBANON, TN 37087	X

Signatures

Robert V. Dale by Michael J. Zylstra, Attorney-in-fact		06/05/2012
**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)	Represents the weighted average sale price for the transaction reported. Sales prices ranged from $58.41 per shares to $58.58 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(2)	This option grant vested over three years in equal installments on November 28, 2007, 2008 and 2009, respectively.
(3)	This option grant vested over three years in equal installments on November 29, 2008, 2009 and 2010, respectively.
(4)	This option grant vested over three years in equal installments on November 25, 2009, 2010 and 2011, respectively.

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