DEERE & CO — Director's Dealing 2010

Dec 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEERE & CO (DE)
CIK: 0000315189
Period of Report: 2010-11-30

Reporting Person: JENKINS JAMES R (Senior V.P. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-30	$1 Par Common Stock	M	3000	$30.82	Acquired	117710	Direct
2010-11-30	$1 Par Common Stock	S	3000	$74.475	Disposed	114710	Direct
2010-11-30	$1 Par Common Stock	M	5000	$34.685	Acquired	119710	Direct
2010-11-30	$1 Par Common Stock	S	5000	$74.475	Disposed	114710	Direct
2010-11-30	$1 Par Common Stock	M	4000	$34.44	Acquired	118710	Direct
2010-11-30	$1 Par Common Stock	S	4000	$74.475	Disposed	114710	Direct
2010-11-30	$1 Par Common Stock	M	9920	$48.375	Acquired	124630	Direct
2010-11-30	$1 Par Common Stock	S	9920	$74.475	Disposed	114710	Direct
2010-11-30	$1 Par Common Stock	M	7124	$39.665	Acquired	121834	Direct
2010-11-30	$1 Par Common Stock	S	7124	$74.475	Disposed	114710	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-30	Market Priced Options	$30.82	M	3000	Disposed	2013-12-10	Common Stock (3000)	Direct
2010-11-30	Market Priced Options	$34.685	M	5000	Disposed	2014-12-08	Common Stock (5000)	Direct
2010-11-30	Market Priced Options	$34.44	M	4000	Disposed	2015-12-07	Common Stock (4000)	Direct
2010-11-30	Market Priced Options	$48.375	M	9920	Disposed	2016-12-06	Common Stock (9920)	Direct
2010-11-30	Market Priced Options	$39.665	M	7124	Disposed	2018-12-17	Common Stock (7124)	Direct

Footnotes

F1: Exercise of Rule 16b-3 options and related sales of shares pursuant to a Rule 10(b)5-1 stock option exercise plan executed on September 2, 2010.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.35 to $74.71, 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.

F3: Includes 82,433 restricted stock units subject to restrictions or limitations under the John Deere Omnibus Equity and Incentive Plan. Units include the ability to have shares withheld to satisfy income tax obligations. The reporting person also indirectly beneficially owns 6,000 common shares of the Issuer that are directly owned by his spouse.

F4: All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.