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DEERE & CO Director's Dealing 2011

Feb 1, 2011

29837_dirs_2011-02-01_d0bd05c4-b73a-452c-82a3-c80eb7c99b42.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: 2011-02-01

Reporting Person: Israel James (President, John Deere Credit)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-01 $1 Par Common Stock M 28472 $39.665 Acquired 83399 Direct
2011-02-01 $1 Par Common Stock S 28472 $92 Disposed 54927 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-01 Market Priced Options $39.665 M 28472 Disposed 2018-12-17 Common Stock (28472) Direct

Footnotes

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

F2: Includes 41,756 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan to be settled solely in shares.

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

F4: The options become exercisable in three approximately equal installments on December 17, 2009, December 17, 2010 and December 17, 2011.