SETH JAFFE - 27 Jan 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role: EVP & General Counsel
Signature: /s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol: LEVI
Transactions as of: 27 Jan 2023
Net transactions value: -$53,139
Form type: 4
Filing time: 31 Jan 2023, 17:23:17 UTC
Previous filing: 25 Jan 2023
Next filing: 01 Feb 2023
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	Award	$0	+16,863	+10%	$0.000000	177,802	27 Jan 2023	Direct	F1
transaction	LEVI	Class A Common Stock	Tax liability	$53,139	-2,987	-1.7%	$17.79	174,815	27 Jan 2023	Direct	F2

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	Award	$0	+42,372		$0.000000	42,372	27 Jan 2023	Class A Common Stock	42,372	$17.79	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, subject to Participant's Continuous Service through each such vesting date.
F2	Shares withheld to cover tax obligation from settlement of vested RSUs.
F3	Vests in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, subject to Participant's Continuous Service through each such vesting date.