Seth M. Ellison - Nov 8, 2021 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
EVP & Chief Commercial Officer
Signature
/s/ David Jedrzejek, Attorney-in-Fact
Stock symbol
LEVI
Transactions as of
Nov 8, 2021
Transactions value $
-$1,961,297
Form type
4
Date filed
11/10/2021, 08:56 PM
Previous filing
Sep 13, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEVI Class A Common Stock Disposed to Issuer -$327K -12.1K -22.53% $27.00 41.6K Nov 8, 2021 Direct
transaction LEVI Class A Common Stock Conversion of derivative security $0 +27.8K +66.79% $0.00 69.4K Nov 9, 2021 Direct F1, F2
transaction LEVI Class A Common Stock Sale -$794K -29.4K -42.36% $27.02 40K Nov 9, 2021 Direct F1

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 Stock Appreciation Rights Options Exercise $0 -20K -36.15% $0.00 35.3K Nov 8, 2021 Class B Common Stock 20K $6.90 Direct F3, F4
transaction LEVI Class B Common Stock Options Exercise $138K +20K $6.90 20K Nov 8, 2021 Class A Common Stock 20K Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer -$350K -12.9K -64.87% $27.00 7.01K Nov 8, 2021 Class A Common Stock 12.9K Direct F4
transaction LEVI Stock Appreciation Rights Options Exercise $0 -43K -60% $0.00 28.7K Nov 8, 2021 Class B Common Stock 43K $9.60 Direct F4, F5
transaction LEVI Class B Common Stock Options Exercise $413K +43K +613.65% $9.60 50K Nov 8, 2021 Class A Common Stock 43K Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer -$809K -30K -59.84% $27.00 20.1K Nov 8, 2021 Class A Common Stock 30K Direct F4
transaction LEVI Stock Appreciation Rights Options Exercise $0 -36.3K -50.01% $0.00 36.3K Nov 8, 2021 Class B Common Stock 36.3K $14.88 Direct F4, F6
transaction LEVI Class B Common Stock Options Exercise $541K +36.3K +180.82% $14.88 56.4K Nov 8, 2021 Class A Common Stock 36.3K Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer -$774K -28.7K -50.77% $27.00 27.8K Nov 8, 2021 Class A Common Stock 28.7K Direct F4
transaction LEVI Class B Common Stock Conversion of derivative security $0 -27.8K -100% $0.00* 0 Nov 9, 2021 Class A Common Stock 27.8K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction pursuant to a previously established Rule 10b5-1 Plan.
F2 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F3 The original grant was for 147,240 SARs, of which 36,810 SARs were exercised. 25% of the SARs vested on February 1, 2018, and 1/3 of the remaining SARs vest annually beginning on February 1, 2019.
F4 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.
F5 25% of the SARs vested on January 30, 2019, and 1/3 of the remaining SARs vest annually beginning on January 30, 2020.
F6 25% of the SARs vest on January 30, 2020, and 1/3 of the remaining SARs vest annually beginning on January 30, 2021.