Margaret E. Haas - May 15, 2024 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role: 10%+ Owner
Signature: /s/ Joan L. Grant as Attorney-in-fact for Margaret E. Haas
Stock symbol: LEVI
Transactions as of: May 15, 2024
Transactions value $: -$2,240,080
Form type: 4
Date filed: 5/17/2024, 04:31 PM
Previous filing: May 13, 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	+100,000		$0.00	100,000	May 15, 2024	See Footnote	F1, F2, F3
transaction	LEVI	Class A Common Stock	-Sell	-$2,240,080	-100,000	-100%	$22.40	0	May 15, 2024	See Footnote	F3, F4, F5

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	LEVI	Class B Common Stock	-Conversion of derivative security	$0	-100,000	-1.39%	$0.00	7,074,430	May 15, 2024	Class A Common Stock	100,000	See Footnote	F1, F2, F3
holding	LEVI	Class B Common Stock						14,153,747	May 15, 2024	Class A Common Stock		Direct	F2
holding	LEVI	Class B Common Stock						20,636,163	May 15, 2024	Class A Common Stock		See Footnote	F2, F6
holding	LEVI	Class B Common Stock						844,680	May 15, 2024	Class A Common Stock		See Footnote	F2, F7

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	The shares are held by the Margaret E. Haas Fund, of which Ms. Haas is Board Chair, for the benefit of various charitable entities. Ms. Haas disclaims beneficial ownership of these shares.
F4	Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
F5	The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.08 to $23.00 per share. Ms. Haas undertakes to provide to the Issuer, any security holder of the Issuer, 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.
F6	The shares are held by trusts and a limited liability company, of which Ms. Haas is trustee and manager, respectively, for the benefit of others. Ms. Haas disclaims beneficial ownership of these shares.
F7	The shares are held by the Lynx Foundation, of which Ms. Haas is board chair, for the benefit of charitable entities. Ms. Haas disclaims beneficial ownership of these shares.