SEC Form 4 · accession 0000315189-17-000054
DEERE & CO · DE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cory J Reed
Officer — Pres., John Deere Financial
Period of report
Dec 11, 2017
Accepted (ET)
Dec 13, 2017 · 2:55 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 | Dec 11, 2017 | M | 6,001 | $79.24 | A | 11,383 | D | |
| $1 Par Common StockF1 | Dec 11, 2017 | S | 4,519 | $150.921 | D | 6,864 | D | |
| $1 Par Common StockF1 | Dec 13, 2017 | M | 2,432 | $88.185 | A | 9,296 | D | |
| $1 Par Common StockF1,F2 | Dec 13, 2017 | S | 1,897 | $153.00 | D | 7,399 | 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,F3,F4 | $79.24 | Dec 11, 2017 | M | 6,001 | D | — | Dec 9, 2025 | Common Stock | 6,001 | 2,957 | D |
| Market Priced OptionsF1,F3,F5 | $88.185 | Dec 13, 2017 | M | 2,437 | D | — | Dec 10, 2024 | Common Stock | 2,432 | 0 | D |
Explanation of responses
- F1Exercise of Rule 16b-3 options and related sale of shares for the exercise price and taxes pursuant to a Rule 10(b)5-1 stock option exercise plan adopted on September 5, 2017.
- F2Includes 2,436 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan to be settled solely in shares.
- F3All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.
- F4The options became exercisable in two approximately equal tranches on December 9, 2016 and 2017.
- F5The options became exercisable on December 10, 2017.