X0202 4 2004-06-30 0 0000315189 DEERE & CO DE 0001121489 HADLEY LEONARD A /IA/ 4890 OAK GROVE CT NE CEDAR RAPIDS IA 52411-6782 1 0 0 0 Phantom Stock Units 0 2004-06-30 4 A 0 249.501 70.14 A Common Stock 249.501 17038.42 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. 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 10,383 $1 par common shares of the Issuer. 10,383 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 2004-07-01