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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Deferred Stock Units | $ 0 | 05/17/2016 | A | 5,722 | (1) | (1) | Common Stock | 5,722 | $ 27.96 (2) | 5,722 | D (3) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DEERE & CO ONE JOHN DEERE PLACE MOLINE, IL 61265 |
X |
/s/ Todd E. Davies, Corporate Secretary and Associate General Counsel | 05/19/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Deferred Stock Units ("DSUs") are fully vested on grant, but settlement is deferred until the earlier of Wes Robinson and/or John Lagemann's termination of board service (as the case may be) and a change in control of the Issuer. |
(2) | In accordance with the Issuer's 2016 Omnibus Equity Incentive Plan, the closing price per share of the Issuer's common stock on May 17, 2016 was used to determine the number of DSUs to be issued. |
(3) | Represents DSUs awarded on behalf of Messrs. Robinson and Lagemann in connection with their service as directors of the Issuer. As employees/director designees of the Reporting Person (Deere & Company) and as previously disclosed by the Issuer, Messrs. Robinson and Lagemann have assigned to the Reporting Person all rights to compensation otherwise receivable by them as directors of the Issuer. The DSUs are fully vested. A corresponding number of shares of common stock will be issued at such time as Messrs. Robinson and/or Lagemann no longer serve as directors. |