Key facts
- This page summarizes Seth Jaffe's Form 4 filing for LEVI STRAUSS & CO (LEVI).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 Jan 2022, 18:58.
Seth Jaffe - 24 Jan 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)
- Reporting relationship
- EVP & General Counsel
- Issuer ticker
- LEVI
- Reported as of
- 24 Jan 2022
- Net transaction value
- -$303,230
- SEC form
- 4
- Accepted by SEC
- 26 Jan 2022, 18:58:39 UTC
- Prior SEC filing
- 20 Dec 2021
- Next SEC filing
- 31 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ David Jedrzejek, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Seth Jaffe filed Form 4 for LEVI STRAUSS & CO (LEVI) on 26 Jan 2022.
Change
- Previous filing in this sequence was filed on 20 Dec 2021.
- Current net transaction value: -$303,230.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LEVI
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +39,498
- Change %
- +34%
- Price
- $0.000000
- Shares after
- 155,876
- Date
- 24 Jan 2022
- Ownership
- Direct
- Footnotes
- F1
LEVI
transaction
Class A Common Stock
Tax liability
- Transaction value
- $303,230
- Shares
- -13,916
- Change %
- -8.9%
- Price
- $21.79
- Shares after
- 141,960
- Date
- 24 Jan 2022
- Ownership
- Direct
- Footnotes
- F2
LEVI
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +13,095
- Change %
- +9.2%
- Price
- $0.000000
- Shares after
- 155,055
- Date
- 25 Jan 2022
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LEVI
transaction
Derivative
Stock Appreciation Rights
Award
- Transaction value
- $0
- Shares
- +32,391
- Change %
- Price
- $0.000000
- Shares after
- 32,391
- Date
- 25 Jan 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 32,391
- Exercise price
- $21.00
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On January 30, 2019, the reporting person was granted performance-based restricted stock units (PSRUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class B common stock upon settlement. 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. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 24, 2022, resulting in the issuance of 39,498 vested PRSUs. The shares were converted to Class A Common Stock upon issuance.
Footnote F2
Shares withheld to cover tax obligation from settlement of vested restricted stock units.
Footnote F3
The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in four equal installments of 25% on each of January 27, 2023, January 26, 2024, January 24, 2025, and January 30, 2026, subject to Participant's Continuous Service through each such vesting date.
Footnote F4
Vests in four equal installments of 25% on each of January 27, 2023, January 26, 2024, January 24, 2025, and January 30, 2026, subject to Participant's Continuous Service through each such vesting date.