DEERE & CO — Director's Dealing 2011

Jan 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEERE & CO (DE)
CIK: 0000315189
Period of Report: 2011-01-12

Reporting Person: Mack Michael J (President WW C&F Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-12	$1 Par Common Stock	M	12038	$48.375	Acquired	84250	Direct
2011-01-12	$1 Par Common Stock	S	12038	$87	Disposed	72212	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-12	Market Priced Options	$48.375	M	12038	Disposed	2016-12-06	Common Stock (12038)	Direct

Footnotes

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

F2: Includes 48,483 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.