Ryan D. Campbell - Oct 2, 2023 Form 4 Insider Report for DEERE & CO (DE)

Signature
/s/ Paul Wilczynski, Assistant Secretary, Deere & Company, Under Power of Attorney
Stock symbol
DE
Transactions as of
Oct 2, 2023
Transactions value $
-$1,272,233
Form type
4
Date filed
10/3/2023, 11:44 AM
Previous filing
Dec 16, 2022
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DE $1 Par Common Stock Options Exercise $1.03M +6.07K +32.79% $169.70 24.6K Oct 2, 2023 Direct F1
transaction DE $1 Par Common Stock Sale -$2.3M -6.07K -24.7% $379.19 18.5K Oct 2, 2023 Direct F1, F2

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 -6.07K -100% $0.00* 0 Oct 2, 2023 Common Stock 6.07K $169.70 Direct F1, F3, F4
* 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 16b-3 options and related sales of shares pursuant to Rule 10(b)5-1(c) stock option exercise plan adopted on June 2, 2023.
F2 Includes 6,327 restricted stock units granted 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.
F3 All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
F4 The options became exercisable on December 11, 2022.