DEERE & CO — Director's Dealing 2012

Apr 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEERE & CO (DE)
CIK: 0000315189
Period of Report: 2012-03-30

Reporting Person: JAIN DIPAK C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-30	Phantom Stock Units	$0	A	309.023	Acquired		Common Stock (309.023)	Direct

Footnotes

F1: The security converts to common stock on a one-for-one basis.

F2: The phantom stock units were accrued under the Issuer's Nonemployee Director Deferred Compensation Plan and are to be settled solely in cash beginning in the calendar year following the reporting person's separation from service with the Issuer.

F3: The reporting person also directly beneficially owns 13,234 restricted $1 par common shares of the Issuer and 9,201 restricted stock units all acquired under the Issuer's Nonemployee Director Stock Ownership Plan.