SEC Form 4 · accession 0000315189-18-000011
DEERE & CO · DE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel R Allen
Officer — Chairman & CEO
Period of report
Feb 28, 2018
Accepted (ET)
Feb 28, 2018 · 4:11 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 | Feb 28, 2018 | M | 68,658 | $52.25 | A | 361,166 | D | |
| $1 Par Common StockF1,F2 | Feb 28, 2018 | S | 68,658 | $163.1681 | D | 292,508 | D | |
| $1 Par Common StockF1 | Feb 28, 2018 | M | 192,095 | $52.25 | A | 484,603 | D | |
| $1 Par Common StockF1,F3 | Feb 28, 2018 | S | 192,095 | $164.0239 | D | 292,508 | D | |
| $1 Par Common StockF1 | Feb 28, 2018 | M | 8,600 | $52.25 | A | 301,108 | D | |
| $1 Par Common StockF1,F4,F5 | Feb 28, 2018 | S | 8,600 | $164.7136 | D | 292,508 | D | |
| $1 Par Common Stock | holding | — | — | — | 47,203 | I | By LLC |
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 | $52.25 | Feb 28, 2018 | M | 269,353 | D | — | Dec 9, 2019 | Common Stock | 269,353 | 0 | D |
Explanation of responses
- F1Exercise of Rule 16b-3 options and related sale of shares pursuant to Rule 10(b)5-1 stock option exercise plan adopted on November 28, 2017.
- F2The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.58 to $163.57, 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 range 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 $163.58 to $164.57, 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 range set forth in this footnote.
- F4The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.58 to $164.92, 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 range set forth in this footnote.
- F5Includes 134,086 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan to be settled solely in shares.
- 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 9, 2010, 2011, and 2012.