Seth Jaffe - 30 Jun 2021 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Reporting relationship: EVP & General Counsel
Issuer ticker: LEVI
Reported as of: 30 Jun 2021
Net transaction value: -$2,295,366
SEC form: 4
Accepted by SEC: 02 Jul 2021, 16:19:01 UTC
Prior SEC filing: 21 Apr 2023
Next SEC filing: 05 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ David Jedrzejek, Attorney-in-Fact

Key filing fact

Seth Jaffe filed Form 4 for LEVI STRAUSS & CO (LEVI) on 02 Jul 2021.

Key facts

This page summarizes Seth Jaffe's Form 4 filing for LEVI STRAUSS & CO (LEVI).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Jul 2021, 16:19.

Change

Previous filing in this sequence was filed on 21 Apr 2023.
Current net transaction value: -$2,295,366.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LEVI transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +41,787
Change %: +36%
Price: $0.000000
Shares after: 158,578
Date: 01 Jul 2021
Ownership: Direct
Footnotes: F1, F2

LEVI transaction

Class A Common Stock

Sale

Transaction value: $1,156,246
Shares: -41,787
Change %: -26%
Price: $27.67
Shares after: 116,791
Date: 01 Jul 2021
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LEVI transaction Derivative

Stock Appreciation Rights

Options Exercise

Transaction value: $0
Shares: -113,203
Change %: -50%
Price: $0.000000
Shares after: 113,203
Date: 30 Jun 2021
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 113,203
Exercise price: $7.42
Footnotes: F4, F5

LEVI transaction Derivative

Class B Common Stock

Options Exercise

Transaction value: $840,532
Shares: +113,203
Change %: +50%
Price: $7.42
Shares after: 341,683
Date: 30 Jun 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 113,203
Exercise price
Footnotes: F5

LEVI transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value: $1,979,652
Shares: -71,416
Change %: -21%
Price: $27.72
Shares after: 270,267
Date: 30 Jun 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 71,416
Exercise price
Footnotes: F5

LEVI transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -41,787
Change %: -15%
Price: $0.000000
Shares after: 228,480
Date: 01 Jul 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 41,787
Exercise price
Footnotes: F1, F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.

Footnote F2

Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

Footnote F3

Price represents the weighted average sale price of the shares sold. The sale price ranged from $27.48 to $28.03 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F4

100% of these stock appreciation rights are fully vested.

Footnote F5

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.