X0201 4 2003-09-30 0 0000315189 DEERE & CO DE 0001017633 PATRICK THOMAS H C/O BALDWIN & LYONS INC 1099 NORTH MERIDIAN STREET INDIANAPOLIS IN 46204 1 0 0 0 Phantom Stock Units 0 2003-09-30 4 A 0 304.821 53.31 A 1988-08-08 1988-08-08 Common Stock 304.821 5317.275 D The security converts to common stock on a one-for-one basis. 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. As of the transaction date, the reporting person directly beneficially owned 15,886 $1 par common shares of the Issuer. 5,886 of such shares are restricted shares acquired under the Issuer's Nonemployee Director Stock Ownership Plan. /s/ James H. Becht, Secretary, Deere & Company, As Power of Attorney 2003-10-01