Quick Takeaways
- This page summarizes Robert Eckert's Form 4 filing for LEVI STRAUSS & CO (LEVI).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 28 Feb 2023, 08:01.
Quoteable Key Fact
"Robert Eckert filed Form 4 for LEVI STRAUSS & CO (LEVI) on 28 Feb 2023."
Ownership activity is grounded in SEC Form 4 disclosures.
Award
Award
| Id | Content |
|---|---|
| F1 | Represents restricted stock units (RSUs) for Class B common stock constituting dividend equivalent rights (DERs) issued pursuant to existing Class B common stock RSUs held by the holder (the "Underlying Class B RSUs"). DERs are issued with regard to the Underlying Class B RSUs, which bear dividend equivalent rights, when and as dividends were paid on the Issuer's Class B common stock. Each DER represents a contingent right to receive one share of Class B common stock, which is convertible into one share of Class A common stock at the option of the holder. The DERs have all vested. Certain of the Underlying Class B RSUs and the DERs issued pursuant thereto are subject to a deferral delivery feature. |
| F2 | Represents RSUs for Class A common stock constituting DERs issued pursuant to existing Class A common stock RSUs held by the holder (the "Underlying Class A RSUs"). DERs are issued with regard to the Underlying Class A RSUs, which bear dividend equivalent rights, when and as dividends were paid on the Issuer's Class A common stock. Each DER represents a contingent right to receive one share of Class A common stock. With respect to 88 of the DERs, the DERs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant of the corresponding Underlying Class A RSUs. With respect to 88 of the DERs, the DERs vest as to 100% of the shares on the earlier of the date before the next annual meeting of shareholders or the first anniversary of the date of grant of the corresponding Underlying Class A RSUs. |
| F3 | Certain of the Underlying Class A RSUs and the DERs issued pursuant thereto are subject to a deferral delivery feature. |