Seth M. Ellison - 17 Nov 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role: EVP & Chief Commercial Officer
Signature: /s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol: LEVI
Transactions as of: 17 Nov 2022
Net transactions value: -$280,591
Form type: 4
Filing time: 21 Nov 2022, 19:41:05 UTC
Previous filing: 17 Nov 2022
Next filing: 23 Nov 2022
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	Conversion of derivative security	$0	+4,431	+4.9%	$0.000000	94,377	17 Nov 2022	Direct	F1, F2
transaction	LEVI	Class A Common Stock	Sale	$68,370	-4,431	-4.7%	$15.43	89,946	17 Nov 2022	Direct	F1, F3
transaction	LEVI	Class A Common Stock	Conversion of derivative security	$0	+4,527	+5%	$0.000000	94,473	18 Nov 2022	Direct	F1, F2
transaction	LEVI	Class A Common Stock	Sale	$71,979	-4,527	-4.8%	$15.90	89,946	18 Nov 2022	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	-4,500	-35%	$0.000000	8,254	17 Nov 2022	Class B Common Stock	4,500	$6.90	Direct	F1, F4, F5
transaction	LEVI	Class B Common Stock	Options Exercise	$31,050	+4,500		$6.90	4,500	17 Nov 2022	Class A Common Stock	4,500		Direct	F1, F5
transaction	LEVI	Class B Common Stock	Disposed to Issuer	$50,291	-3,253	-72%	$15.46	1,247	17 Nov 2022	Class A Common Stock	3,253		Direct	F1, F5, F6
transaction	LEVI	Stock Appreciation Rights	Options Exercise	$0	-10,500	-38%	$0.000000	16,915	17 Nov 2022	Class B Common Stock	10,500	$6.10	Direct	F1, F5, F7
transaction	LEVI	Class B Common Stock	Options Exercise	$64,050	+10,500	+842%	$6.10	11,747	17 Nov 2022	Class A Common Stock	10,500		Direct	F1, F5
transaction	LEVI	Class B Common Stock	Disposed to Issuer	$113,105	-7,316	-62%	$15.46	4,431	17 Nov 2022	Class A Common Stock	7,316		Direct	F1, F5, F6
transaction	LEVI	Class B Common Stock	Conversion of derivative security	$0	-4,431	-100%	$0.000000^*	0	17 Nov 2022	Class A Common Stock	4,431		Direct	F1, F2, F5
transaction	LEVI	Stock Appreciation Rights	Options Exercise	$0	-4,500	-55%	$0.000000	3,754	18 Nov 2022	Class B Common Stock	4,500	$6.90	Direct	F1, F4, F5
transaction	LEVI	Class B Common Stock	Options Exercise	$31,050	+4,500		$6.90	4,500	18 Nov 2022	Class A Common Stock	4,500		Direct	F1, F5
transaction	LEVI	Class B Common Stock	Disposed to Issuer	$51,391	-3,222	-72%	$15.95	1,278	18 Nov 2022	Class A Common Stock	3,222		Direct	F1, F5, F6
transaction	LEVI	Stock Appreciation Rights	Options Exercise	$0	-10,500	-62%	$0.000000	6,415	18 Nov 2022	Class B Common Stock	10,500	$6.10	Direct	F1, F5, F7
transaction	LEVI	Class B Common Stock	Options Exercise	$64,050	+10,500	+822%	$6.10	11,778	18 Nov 2022	Class A Common Stock	10,500		Direct	F1, F5
transaction	LEVI	Class B Common Stock	Disposed to Issuer	$115,653	-7,251	-62%	$15.95	4,527	18 Nov 2022	Class A Common Stock	7,251		Direct	F1, F5, F6
transaction	LEVI	Class B Common Stock	Conversion of derivative security	$0	-4,527	-100%	$0.000000^*	0	18 Nov 2022	Class A Common Stock	4,527		Direct	F1, F2, F5

* 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 price in Column 4 is a weighted average sale price. The prices actually received ranged from $15.398 to $15.48. 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.
F4	100% of these stock appreciation rights are fully vested.
F5	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.
F6	Represents shares withheld by the company for taxes upon exercise of a stock appreciation right.
F7	The stock appreciation rights are performance stock appreciation rights that vested on January 30, 2019 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors, and are immediately exercisable.