Seth Jaffe - Jan 28, 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
EVP & General Counsel
Signature
/s/ David Jedrzejek, Attorney-in-Fact
Stock symbol
LEVI
Transactions as of
Jan 28, 2022
Transactions value $
-$709,753
Form type
4
Date filed
2/1/2022, 08:08 PM
Previous filing
Jan 31, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEVI Class A Common Stock Tax liability -$33.4K -1.53K -0.99% $21.92 152K Jan 28, 2022 Direct F1
transaction LEVI Class A Common Stock Tax liability -$87K -3.97K -2.61% $21.92 148K Jan 30, 2022 Direct F1
transaction LEVI Class A Common Stock Conversion of derivative security $0 +14.6K +9.85% $0.00 163K Jan 31, 2022 Direct F2, F3
transaction LEVI Class A Common Stock Sale -$316K -14.6K -8.96% $21.67 148K Jan 31, 2022 Direct F2, F4

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 -37.8K -8.33% $0.00 416K Jan 31, 2022 Class B Common Stock 37.8K $6.10 Direct F2, F5, F6
transaction LEVI Class B Common Stock Options Exercise $230K +37.8K +16.53% $6.10 266K Jan 31, 2022 Class A Common Stock 37.8K Direct F2, F6
transaction LEVI Class B Common Stock Disposed to Issuer -$503K -23.2K -8.7% $21.72 243K Jan 31, 2022 Class A Common Stock 23.2K Direct F2, F6
transaction LEVI Class B Common Stock Conversion of derivative security $0 -14.6K -6.01% $0.00 228K Jan 31, 2022 Class A Common Stock 14.6K Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax obligation from settlement of vested restricted stock units.
F2 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
F3 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F4 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $21.65 to $21.686. The Reporting Person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 100% of these stock appreciation rights are fully vested.
F6 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.