Joshua E. Prime - 25 May 2021 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
Director
Signature
/s/ David Jedrzejek, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
25 May 2021
Net transactions value
$0
Form type
4
Filing time
26 May 2021, 20:13:08 UTC
Next filing
19 Jul 2021
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 Award $0 +42 +0.21% $0.000000 19,611 25 May 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent rights (DER) which represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The DERs vest in a series of three (3) equal installments on the dates that are thirteen (13), twenty-four (24) and thirty-six (36) months following the date of grant.
F2 Settlement of DER in connection with restricted stock units (RSU). The rights accrued when and as dividends were paid on the Issuer's Class A common stock and became exercisable with respect to the RSU. Each DER is the economic equivalent of one share of the Issuer's Class A common stock.