Peter E. Haas Jr. Family Fund - 15 May 2024 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
10%+ Owner
Signature
/s/ Joan L. Grant as Attorney-in-fact for the Peter E. Haas Jr. Family Fund
Issuer symbol
LEVI
Transactions as of
15 May 2024
Net transactions value
-$6,655,551
Form type
4
Filing time
17 May 2024, 19:32:37 UTC
Previous filing
09 Jan 2024
Next filing
03 Oct 2025
SEC
View on sec.gov

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 +102,418 $0.000000 102,418 15 May 2024 Direct F1, F2
transaction LEVI Class A Common Stock Sale $2,286,963 -102,418 -100% $22.33 0 15 May 2024 Direct F3, F4
transaction LEVI Class A Common Stock Conversion of derivative security $0 +140,839 $0.000000 140,839 16 May 2024 Direct F1, F2
transaction LEVI Class A Common Stock Sale $3,122,330 -140,839 -100% $22.17 0 16 May 2024 Direct F3, F5
transaction LEVI Class A Common Stock Conversion of derivative security $0 +56,743 $0.000000 56,743 17 May 2024 Direct F1, F2
transaction LEVI Class A Common Stock Sale $1,246,258 -56,743 -100% $21.96 0 17 May 2024 Direct F3, F6

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 -102,418 -0.43% $0.000000 23,928,400 15 May 2024 Class A Common Stock 102,418 Direct F1, F2
transaction LEVI Class B Common Stock Conversion of derivative security $0 -140,839 -0.59% $0.000000 23,928,400 16 May 2024 Class A Common Stock 140,839 Direct F1, F2
transaction LEVI Class B Common Stock Conversion of derivative security $0 -56,743 -0.24% $0.000000 23,928,400 17 May 2024 Class A Common Stock 56,743 Direct F1, F2
* 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 $22.0800 to $23.0000 per share. The Reporting Person 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.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.0550 to $22.3600 per share. The Reporting Person 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.8650 to $ 22.0900 per share. The Reporting Person 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.