Elizabeth T. O'Neill - Jan 23, 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role: EVP & Chief Operations Officer
Signature: /s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Stock symbol: LEVI
Transactions as of: Jan 23, 2023
Transactions value $: -$125,141
Form type: 4
Date filed: 1/25/2023, 05:54 PM
Previous filing: Feb 1, 2022
Next filing: Jan 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	LEVI	Class A Common Stock	Award	$0	+20.5 K	+28.8%	$0.00	91.7 K	Jan 23, 2023	Direct	F1
transaction	LEVI	Class A Common Stock	Tax liability	-$125 K	-7.44 K	-8.11%	$16.82	84.3 K	Jan 23, 2023	Direct	F2

Explanation of Responses:

Id	Content
F1	On January 27, 2020, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement 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 23, 2023, resulting in the issuance of 20,516 vested PRSUs.
F2	Shares withheld to cover tax obligation from settlement of vested PRSUs.

Content

On January 27, 2020, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement 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 23, 2023, resulting in the issuance of 20,516 vested PRSUs.

Shares withheld to cover tax obligation from settlement of vested PRSUs.