Harmit J. Singh - Jan 23, 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
Executive VP and CFO
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Stock symbol
LEVI
Transactions as of
Jan 23, 2023
Transactions value $
-$325,198
Form type
4
Date filed
1/25/2023, 05:57 PM
Previous filing
Jan 13, 2023
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 +36.9K +6.35% $0.00 618K Jan 23, 2023 Direct F1
transaction LEVI Class A Common Stock Tax liability -$325K -19.3K -3.13% $16.82 599K Jan 23, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 36,932 vested PRSUs.
F2 Shares withheld to cover tax obligation from settlement of vested PRSUs.