Markwart von Pentz - 07 Jun 2023 Form 4 Insider Report for DEERE & CO (DE)

Role
Pres Ag & Turf, Sml Ag & Turf
Signature
/s/ Paul Wilczynski, Assistant Secretary, Deere & Company, Under Power of Attorney
Issuer symbol
DE
Transactions as of
07 Jun 2023
Net transactions value
-$6,467,777
Form type
4
Filing time
08 Jun 2023, 11:06:22 UTC
Previous filing
30 May 2023
Next filing
03 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DE $1 Par Common Stock Options Exercise $2,124,413 +13,981 +24% $151.95 71,096 07 Jun 2023 Direct F1
transaction DE $1 Par Common Stock Sale $417,052 -1,100 -1.5% $379.14 69,996 07 Jun 2023 Direct F1, F2
transaction DE $1 Par Common Stock Sale $1,092,362 -2,870 -4.1% $380.61 67,126 07 Jun 2023 Direct F1, F3
transaction DE $1 Par Common Stock Sale $1,850,123 -4,848 -7.2% $381.63 62,278 07 Jun 2023 Direct F1, F4
transaction DE $1 Par Common Stock Sale $1,630,670 -4,263 -6.8% $382.52 58,015 07 Jun 2023 Direct F1, F5
transaction DE $1 Par Common Stock Sale $345,048 -900 -1.6% $383.39 57,115 07 Jun 2023 Direct F1, F6
transaction DE $1 Par Common Stock Options Exercise $2,066,849 +13,952 +24% $148.14 71,067 07 Jun 2023 Direct F1
transaction DE $1 Par Common Stock Sale $457,557 -1,207 -1.7% $379.09 69,860 07 Jun 2023 Direct F1, F7
transaction DE $1 Par Common Stock Sale $1,002,445 -2,634 -3.8% $380.58 67,226 07 Jun 2023 Direct F1, F8
transaction DE $1 Par Common Stock Sale $1,900,383 -4,980 -7.4% $381.60 62,246 07 Jun 2023 Direct F1, F9
transaction DE $1 Par Common Stock Sale $1,685,414 -4,406 -7.1% $382.53 57,840 07 Jun 2023 Direct F1, F10
transaction DE $1 Par Common Stock Sale $277,985 -725 -1.3% $383.43 57,115 07 Jun 2023 Direct F1, F11, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DE Market Priced Options Options Exercise $0 -13,981 -100% $0.000000* 0 07 Jun 2023 Common Stock 13,981 $151.95 Direct F1, F13, F14
transaction DE Market Priced Options Options Exercise $0 -13,952 -100% $0.000000* 0 07 Jun 2023 Common Stock 13,952 $148.14 Direct F1, F13, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Exercise of Rule 16(b)-3 options and related sales of shares pursuant to Rule 10(b)5-1 stock option exercise plan adopted on February 23, 2023.
F2 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.00 to $379.56, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U. S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 to 11.
F3 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.06 to $381.04.
F4 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.08 to $382.06, inclusive.
F5 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.08 to $383.07, inclusive.
F6 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.20 to $383.625, inclusive.
F7 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.00 to $379.56, inclusive.
F8 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.11 to $381.08, inclusive.
F9 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.115 to $382.105, inclusive.
F10 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.17 to $383.03, inclusive.
F11 The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.26 to $383.86, inclusive.
F12 Includes 5,203 restricted stock units awarded under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares. Units include the ability to have shares withheld to satisfy income tax obligations.
F13 All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
F14 The options became exercisable in three approximately equal tranches on December 13, 2018, 2019, and 2020.
F15 The options became exercisable in three approximately equal tranches on December 12, 2019, 2020, and 2021.