DEERE & CO 10-Q

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities The Company’s purchases of its common stock during the second quarter of 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ ​ ​ ​ ​ ​ ​ Shares Purchased as ​ Maximum Number of ​ ​ Total Number of ​ ​ ​ ​ Part of Publicly ​ Shares that May Yet Be ​ ​ Shares ​ ​ ​ ​ Announced Plans or ​ Purchased under the ​ ​ Purchased ​ Average Price ​ Programs (1) ​ Plans or Programs (1) Period ​ (thousands) ​ Paid Per Share ​ (thousands) ​ (millions) Jan 31 to Feb 27 ​ 549 $ 371.73 ​ 549 ​ 13.2 ​ Feb 28 to Mar 27 ​ 496 ​ ​ 389.85 ​ 496 ​ 12.7 ​ Mar 28 to May 1 ​ 495 ​ ​ 415.09 ​ 495 ​ 12.2 ​ Total ​ 1,540 ​ ​ ​ ​ 1,540 ​ ​ ​ (1) The Company has a share repurchase plan that was announced in December 2019 to purchase up to $8,000 million of shares of the Company’s common stock. The maximum number of shares that may yet be purchased under this plan was based on the end of the second quarter closing share price of $377.55 per share. At the end of the second quarter of 2022, $4,599 million of common stock remained to be purchased under the plan. Sales of Unregistered Securities During the second quarter of 2022, the Company’s stockholders authorized 500,000 shares under a new Deere & Company Nonemployee Director Stock Ownership Plan pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule of 506 of the SEC’s Regulation D thereunder. Under this new plan, the Company issued 4,250 deferred stock units. The deferred stock units convert to shares of common stock on a one-for-one basis following a termination of service as described in this plan. Also during the second quarter of 2022, the Company distributed 32,635 deferred stock units and deferred stock awards to participant accounts under the previous Deere & Company Nonemployee Director Stock Ownership Plan. The deferred stock units and deferred stock awards converted to shares of common stock on a one-for-one basis. 48 ​ ​ Item 3.    Defaults Upon Senior Securities None. Item 4.    Mine Safety Disclosures Not applicable. ​