Seth M. Ellison - 08 Nov 2021 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
EVP & Chief Commercial Officer
Signature
/s/ David Jedrzejek, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
08 Nov 2021
Net transactions value
-$1,961,297
Form type
4
Filing time
10 Nov 2021, 20:56:23 UTC
Previous filing
13 Sep 2021
Next filing
20 Dec 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 Disposed to Issuer $326,673 -12,099 -23% $27.00 41,596 08 Nov 2021 Direct
transaction LEVI Class A Common Stock Conversion of derivative security $0 +27,783 +67% $0.000000 69,379 09 Nov 2021 Direct F1, F2
transaction LEVI Class A Common Stock Sale $794,118 -29,390 -42% $27.02 39,989 09 Nov 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 -19,961 -36% $0.000000 35,254 08 Nov 2021 Class B Common Stock 19,961 $6.90 Direct F3, F4
transaction LEVI Class B Common Stock Options Exercise $137,731 +19,961 $6.90 19,961 08 Nov 2021 Class A Common Stock 19,961 Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer $349,596 -12,948 -65% $27.00 7,013 08 Nov 2021 Class A Common Stock 12,948 Direct F4
transaction LEVI Stock Appreciation Rights Options Exercise $0 -43,035 -60% $0.000000 28,690 08 Nov 2021 Class B Common Stock 43,035 $9.60 Direct F4, F5
transaction LEVI Class B Common Stock Options Exercise $413,136 +43,035 +614% $9.60 50,048 08 Nov 2021 Class A Common Stock 43,035 Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer $808,677 -29,951 -60% $27.00 20,097 08 Nov 2021 Class A Common Stock 29,951 Direct F4
transaction LEVI Stock Appreciation Rights Options Exercise $0 -36,340 -50% $0.000000 36,330 08 Nov 2021 Class B Common Stock 36,340 $14.88 Direct F4, F6
transaction LEVI Class B Common Stock Options Exercise $540,558 +36,340 +181% $14.88 56,437 08 Nov 2021 Class A Common Stock 36,340 Direct F4
transaction LEVI Class B Common Stock Disposed to Issuer $773,658 -28,654 -51% $27.00 27,783 08 Nov 2021 Class A Common Stock 28,654 Direct F4
transaction LEVI Class B Common Stock Conversion of derivative security $0 -27,783 -100% $0.000000* 0 09 Nov 2021 Class A Common Stock 27,783 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.