John C. May II - Dec 13, 2023 Form 4 Insider Report for DEERE & CO (DE)

Role
Chairman & CEO
Signature
/s/ Paul Wilczynski, Assistant Secretary, Deere & Company, Under Power of Attorney
Stock symbol
DE
Transactions as of
Dec 13, 2023
Transactions value $
-$546,507
Form type
4
Date filed
12/15/2023, 12:16 PM
Previous filing
Dec 12, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DE $1 Par Common Stock Award $0 +11.8K +9.69% $0.00 133K Dec 13, 2023 Direct F1
transaction DE $1 Par Common Stock Tax liability -$547K -1.41K -1.06% $388.42 132K Dec 14, 2023 Direct F2, F3

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 Award $0 +45.3K $0.00 45.3K Dec 13, 2023 Common Stock 45.3K $377.01 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under the John Deere 2020 Equity and Incentive Plan. Awards include the ability to withhold shares upon conversion to satisfy tax obligations.
F2 Exempt withholding of shares to satisfy tax withholding obligations upon settlement of restricted stock units for unrestricted shares.
F3 Includes 26,225 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares.
F4 All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
F5 The options become exercisable in three approximately equal installments on December 13, 2024, 2025, and 2026.