Harmit J. Singh - 29 Sep 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
Executive VP and CFO
Signature
/s/ Priscilla Duncan-Tannous,, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
29 Sep 2022
Net transactions value
-$1,776,620
Form type
4
Filing time
03 Oct 2022, 17:47:19 UTC
Previous filing
01 Feb 2022
Next filing
06 Dec 2022
SEC
View on sec.gov

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 -335,000 -34% $0.000000 641,390 29 Sep 2022 Class B Common Stock 335,000 $6.10 Direct F1, F2
transaction LEVI Class B Common Stock Options Exercise $2,043,500 +335,000 $6.10 335,000 29 Sep 2022 Class A Common Stock 335,000 Direct F2
transaction LEVI Class B Common Stock Disposed to Issuer $3,820,120 -235,374 -70% $16.23 99,626 29 Sep 2022 Class A Common Stock 235,374 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of these stock appreciation rights are fully vested.
F2 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.
F3 Represents shares withheld by the company for taxes upon exercise of a stock appreciation right.