SEC Form 4 · accession 0000315189-16-000113
DEERE & CO · DE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C May II
Officer — President, Ag Solutions & CIO
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315189
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $1 Par Common StockF1 | Nov 22, 2016 | M | 7,606 | $88.82 | A | 28,926 | D | |
| $1 Par Common StockF1,F2 | Nov 22, 2016 | S | 7,606 | $93.0286 | D | 21,320 | D | |
| $1 Par Common StockF1 | Nov 22, 2016 | M | 3,175 | $74.24 | A | 26,917 | D | |
| $1 Par Common StockF1,F2 | Nov 22, 2016 | S | 3,175 | $93.0286 | D | 21,320 | D | |
| $1 Par Common StockF1 | Nov 23, 2016 | M | 2,422 | $74.24 | A | 23,742 | D | |
| $1 Par Common StockF1,F3 | Nov 23, 2016 | S | 2,422 | $99.1724 | D | 21,320 | D | |
| $1 Par Common StockF1 | Nov 23, 2016 | M | 5,411 | $80.61 | A | 26,731 | D | |
| $1 Par Common StockF1,F4,F5 | Nov 23, 2016 | S | 5,411 | $102.0777 | D | 21,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Priced OptionsF1,F6,F7 | $88.82 | Nov 22, 2016 | M | 7,606 | A | — | Dec 5, 2017 | Common Stock | 7,606 | 0 | D |
| Market Priced OptionsF1,F6,F8 | $74.24 | Nov 22, 2016 | M | 3,175 | A | — | Dec 14, 2021 | Common Stock | 3,175 | 2,422 | D |
| Market Priced OptionsF1,F6,F8 | $74.24 | Nov 23, 2016 | M | 2,422 | A | — | Dec 14, 2021 | Common Stock | 2,422 | 0 | D |
| Market Priced OptionsF1,F6,F9 | $80.61 | Nov 23, 2016 | M | 5,411 | A | — | Dec 8, 2020 | Common Stock | 5,411 | 0 | D |
Explanation of responses
- F1Exercise of Rule 16b-3 options and related sales of shares pursuant to a Rule 10(b)5-1 stock option exercise plan adopted March 3, 2016.
- F2The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.12, 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, 3, and 4.
- F3The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.00 to $99.345, inclusive.
- F4The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.33, inclusive.
- F5Includes 15,480 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan to be settled solely in shares. Units include the ability to have shares withheld to satisfy income tax obligations.
- F6All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
- F7The options became exercisable in three approximately equal installments on December 5, 2008, 2009, and 2010.
- F8The options became exercisable in three approximately equal installments on December 14, 2012, 2013, and 2014.
- F9The options became exercisable in three approximately equal installments on December 8, 2011, 2012, and 2013.