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DEERE & CO Director's Dealing 2011

Feb 16, 2011

29837_dirs_2011-02-16_95c8aa8d-52ff-479e-9660-ff5292047aa8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEERE & CO (DE)
CIK: 0000315189
Period of Report: 2011-02-16

Reporting Person: Gilles Jean H (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-16 $1 Par Common Stock M 18896 $48.375 Acquired 57546 Direct
2011-02-16 $1 Par Common Stock S 18896 $97 Disposed 38650 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-16 Market Priced Options $48.375 M 18896 Disposed 2016-12-06 Common Stock (18896) 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 adopted on September 2, 2010.

F2: Includes 27,076 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan to be settled solely in shares. The reporting person also indirectly beneficially owns 12 shares directly owned by his son.

F3: All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.

F4: The options became exercisable in three approximately equal installments on December 6, 2007, 2008, and 2009.