Agenda – LTI Grant Values Expected to Rise in 2017

In a proxy statement filed this week, John Deere & Co’s board disclosed that it plans to increase the value of the base-level long-term incentive (LTI) awards for its NEOs, excluding the CEO, by approximately 10%, to $1.56 million. The board cited the need to make its LTI awards more competitive with its peer group, as it said its equity award values had been below the market median for several years.