Bradley J. Haas - Apr 4, 2024 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
10%+ Owner
Signature
/s/ Joan L. Grant as Attoney-in-fact for Bradley J. Haas
Stock symbol
LEVI
Transactions as of
Apr 4, 2024
Transactions value $
-$309,081
Form type
4
Date filed
4/5/2024, 04:36 PM
Previous filing
Apr 2, 2024
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEVI Class A Common Stock Conversion of derivative security $0 +14K $0.00 14K Apr 4, 2024 Direct F1, F2
transaction LEVI Class A Common Stock Sale -$309K -14K -100% $22.05 0 Apr 4, 2024 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LEVI Class B Common Stock Conversion of derivative security $0 -14K -0.1% $0.00 13.5M Apr 4, 2024 Class A Common Stock 14K Direct F1, F2
holding LEVI Class B Common Stock 148K Apr 4, 2024 Class A Common Stock See Note F2, F5
holding LEVI Class B Common Stock 64.9K Apr 4, 2024 Class A Common Stock See Note F2, F6
holding LEVI Class B Common Stock 6.83M Apr 4, 2024 Class A Common Stock See Note F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock.
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F3 Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22 to $22.28 per share. Mr. Haas undertakes to provide to the Issuer, any security holder of the Issue, or the staff of the Securities and Exchange Commission on request, full information regarding the number of shares sold at each separate price within this range.
F5 Shares held in custodial accounts for the benefit of others. Mr. Haas is the custodian and has sole voting and investment power over the accounts. He disclaims benefical ownership of these shares.
F6 Shares held by Mr. Haas' spouse. He disclaims beneficial ownership of these shares.
F7 Shares held in trusts of which Mr. Haas is the trustee.