Charles V Bergh - 10 Jan 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
President and CEO, Director
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
10 Jan 2023
Net transactions value
-$8.5
Form type
4
Filing time
11 Jan 2023, 15:04:05 UTC
Previous filing
19 Dec 2022
Next filing
25 Jan 2023
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 -565,795 -33% $0.000000 1,131,590 10 Jan 2023 Class B Common Stock 565,795 $6.10 Direct F1
transaction LEVI Class B Common Stock Options Exercise $3,451,350 +565,795 +107% $6.10 1,093,256 10 Jan 2023 Class A Common Stock 565,795 Direct F2
transaction LEVI Class B Common Stock Disposed to Issuer $3,451,358 -204,950 -19% $16.84 888,306 10 Jan 2023 Class A Common Stock 204,950 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 exercise price upon exercise of a stock appreciation right.