Charles V. Bergh - Feb 2, 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
President and CEO, Director
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Stock symbol
LEVI
Transactions as of
Feb 2, 2023
Transactions value $
-$9
Form type
4
Date filed
2/6/2023, 05:51 PM
Previous filing
Feb 1, 2023
Next filing
Mar 21, 2023

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 -566K -100% $0.00* 0 Feb 2, 2023 Class B Common Stock 566K $6.10 Direct F1
transaction LEVI Class B Common Stock Options Exercise $3.45M +566K +51.67% $6.10 1.66M Feb 2, 2023 Class A Common Stock 566K Direct F2
transaction LEVI Class B Common Stock Disposed to Issuer -$3.45M -183K -11.01% $18.88 1.48M Feb 2, 2023 Class A Common Stock 183K 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.