SEC Form 4 · accession 0000315189-17-000038
DEERE & CO · DE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Markwart von Pentz
Officer — Pres.Ag^TurfDiv.Eur.,Asia,Afr.
Period of report
Nov 6, 2017
Accepted (ET)
Nov 7, 2017 · 10:03 am 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 6, 2017 | M | 15,060 | $88.185 | A | 57,086 | D | |
| $1 Par Common StockF1,F2 | Nov 6, 2017 | S | 15,060 | $135.3342 | D | 42,026 | D | |
| $1 Par Common StockF1 | Nov 6, 2017 | M | 9,083 | $79.24 | A | 51,109 | D | |
| $1 Par Common StockF1,F2,F3 | Nov 6, 2017 | S | 9,083 | $135.3342 | D | 42,026 | 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,F4,F5 | $88.185 | Nov 6, 2017 | M | 15,060 | D | — | Dec 10, 2024 | Common Stock | 15,060 | 8,341 | D |
| Market Priced OptionsF1,F4,F6 | $79.24 | Nov 6, 2017 | M | 9,083 | D | — | Dec 9, 2025 | Common Stock | 9,083 | 19,824 | D |
Explanation of responses
- F1Exercise of Rule 16b-3 options and related sale of shares pursuant to a Rule 10(b)5-1 stock option exercise plan adopted on June 7, 2017.
- F2The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.00 to $135.77, 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.
- F3Includes 12,666 restricted stock units subject to restrictions or limitations under the John Deere Omnibus Equity and Incentive Plan. Shares are not held by reporting person during the period of limitation or restriction. Units are settled solely in shares and include the ability to have shares withheld to satisfy income tax obligations.
- F4All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
- F5The options become exercisable in three approximately equal installments on December 10, 2015, 2016, and 2017.
- F6The options become exercisable in three approximately equal installments on December 9, 2016, 2017, and 2018.