Rajesh Kalathur - Feb 18, 2025 Form 4 Insider Report for DEERE & CO (DE)

Signature
/s/ Julie M. Rosales, Assistant Secretary, Deere & Company, Under Power of Attorney
Stock symbol
DE
Transactions as of
Feb 18, 2025
Transactions value $
-$9,833,402
Form type
4
Date filed
2/19/2025, 05:00 PM
Previous filing
Feb 7, 2025
Next filing
Mar 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DE $1 Par Common Stock Options Exercise $2.47M +24.6K +32.83% $100.55 99.5K Feb 18, 2025 Direct F1
transaction DE $1 Par Common Stock Sale -$8.83M -17.6K -17.74% $500.26 81.8K Feb 18, 2025 Direct F1, F2
transaction DE $1 Par Common Stock Sale -$3.48M -6.94K -8.48% $501.49 74.9K Feb 18, 2025 Direct F1, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DE Market Priced Options Options Exercise $0 -24.6K -100% $0.00 0 Feb 18, 2025 Common Stock 24.6K $100.55 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Exercise of Rule 16b-3 options and related sales of shares pursuant to a Rule 10b5-1 plan adopted on March 5, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.00 to $500.99, inclusive. The reporting person undertakes to provide to Deere & Company, any security holder of Deere & Company, or the staff of the 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) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $501.06 to $502.01, inclusive.
F4 Includes 4,607 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares.
F5 The options became exercisable in three approximately equal installments on December 14, 2017, 2018, and 2019.