SEC Form 4 · accession 0000315189-17-000034
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
Oct 23, 2017
Accepted (ET)
Oct 25, 2017 · 12:29 pm EDT
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 | Oct 23, 2017 | M | 8,128 | $88.185 | A | 37,462 | D | |
| $1 Par Common StockF1,F2 | Oct 23, 2017 | S | 8,128 | $130.0329 | D | 29,334 | D | |
| $1 Par Common StockF1 | Oct 24, 2017 | M | 10,498 | $88.185 | A | 39,762 | D | |
| $1 Par Common StockF1,F3,F4 | Oct 24, 2017 | S | 10,498 | $131.3145 | D | 29,334 | 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,F5,F6 | $88.185 | Oct 23, 2017 | M | 8,128 | A | — | Dec 10, 2024 | Common Stock | 8,128 | 19,672 | D |
| Market Priced OptionsF1,F5,F6 | $88.185 | Oct 24, 2017 | M | 10,498 | A | — | Dec 10, 2024 | Common Stock | 10,498 | 9,174 | 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 on June 6, 2017.
- F2The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.00 to $130.14, 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 this footnote.
- F3The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.05 to $131.59, 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 this footnote.
- F4Includes 14,070 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.
- F5All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
- F6The options became exercisable in two approximately equal tranches on December 10, 2015 and 2016.