0000315189falseDEERE & CO0000315189us-gaap:CommonStockMember2021-11-012021-11-010000315189de:Debentures8.5PercentDue2022Member2021-11-012021-11-010000315189de:Debentures6.55PercentDue2028Member2021-11-012021-11-0100003151892021-11-012021-11-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: November 1, 2021

(Date of earliest event reported)

DEERE & COMPANY

(Exact name of registrant as specified in its charter)

Delaware

1-4121

36-2382580

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

One John Deere Place

MolineIllinois 61265

(Address of principal executive offices and zip code)

(309) 765-8000

(Registrant’s telephone number, including area code)

___________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

Title of each class

Trading symbol

Name of each exchange on which registered

Common stock, $1 par value

DE

New York Stock Exchange

8½% Debentures Due 2022

DE22

New York Stock Exchange

6.55% Debentures Due 2028

DE28

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 1, 2021, the Board of Directors (“Board”) of Deere & Company (“Deere”) increased the size of the Board from 11 to 12 directors and elected Leanne G. Caret to the Board. Ms. Caret is an executive vice president of The Boeing Company and serves as president and chief executive officer of the Boeing Defense, Space, and Security business. Ms. Caret is expected to be appointed as a member of the Finance Committee and the Compensation Committee of the Board.

Ms. Caret was not selected as a director pursuant to any arrangements or understandings with Deere or with any other person. Deere is not aware of any related party transactions or relationships between Ms. Caret and Deere that would require disclosure under Item 404(a) of Regulation S-K.

Deere announced these changes in a press release, a copy of which is filed herewith as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits

Number

Description of Exhibit

99.1

Press Release dated November 1, 2021

104

Cover Page Interactive Data File (the cover page XBRL tags are imbedded in the Inline XBRL document)

2

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DEERE & COMPANY

By:

/s/ Todd E. Davies

Todd E. Davies

Secretary

Dated: November 1, 2021

3

Exhibit 99.1

News Release

Graphic

Contact:
Jen Hartmann
Director, Public Relations
[email protected]

Boeing Executive Leanne Caret Joins Deere Board of Directors

MOLINE, Ill., November,1, 2021 -- Deere & Company (NYSE: DE) today announced the election of Leanne G. Caret, a leading manufacturing executive, to the company's board of directors. She is an executive vice president of The Boeing Company and serves as president and chief executive officer of the Boeing Defense, Space, and Security business. In 2020, Boeing’s revenue from defense and space platforms and services was about $35 billion.

"We are pleased to welcome a business leader of Leanne’s caliber to the Deere board," said John C. May, chairman and chief executive officer. "She brings over two decades of executive experience in aerospace, defense, and security, adding to our diverse, talented group of directors. Her background in complex systems as well as innovative technologies, solutions, and services will be of particular value as we build on our leadership position through our smart industrial operating model.”

Originally from Florida, Caret joined Boeing in the late 1980s. Prior to her present position, she was president of Boeing’s global services and support division and chief financial officer of the defense, space, and security business.

Caret has been named to Fortune’s list of Most Powerful Women on five occasions and is a member of the Women in Aviation Hall of Fame. She is also a fellow of the Royal Aeronautical Society and an associate fellow of the American Institute of Aeronautics and Astronautics.

Caret holds a bachelor’s degree in business administration from Kansas State University and an MBA from Wichita State University. She earned certifications from executive leadership programs at Harvard University and the University of Notre Dame.

With her election, the Deere board will have 12 members, 11 of whom are independent, or non-employee, directors.