HADLEY LEONARD A /IA/ 4
4 · DEERE & CO · Filed Jan 5, 2004
Insider Transaction Report
Form 4
HADLEY LEONARD A /IA/
Director
Transactions
- Award
Phantom Stock Units
2003-12-31$65.05/sh+269.024$17,500→ 16,409.952 totalExercise: $0.00→ Common Stock (269.024 underlying)
Footnotes (3)
- [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 retirement from the Issuer's Board.
- [F3]The reported holdings of phantom stock units include units acquired in dividend reinvestment transactions that are exempt from line-item reporting. As of the transaction date, the reporting person directly beneficially owned 9,380 $1 par commom shares of the Issuer. 9,380 of such shares are restricted shares acquired under the Issuer's Nonemployee Director Stock Ownership Plan.