David A. Friedman - Apr 19, 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role: Director
Signature: /s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Stock symbol: LEVI
Transactions as of: Apr 19, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/21/2023, 06:43 PM
Previous filing: Feb 27, 2023
Next filing: May 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEVI	Class A Common Stock	Award	$0	+10.3K	+41.69%	$0.00	34.8K	Apr 19, 2023	Direct	F1, F2
holding	LEVI	Class A Common Stock						215K	Apr 19, 2023	See Footnote	F3

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
holding	LEVI	Class B Common Stock						9.1K	Apr 19, 2023	Class B Common Stock	9.1K		Direct	F4, F5
holding	LEVI	Class B Common Stock						1.29M	Apr 19, 2023	Class B Common Stock	1.29M		See Footnote	F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents the acquisition of 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 will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.
F2	Includes 14,577 RSUs that may be settled in shares of Class A Common Stock, including RSUs previously issued in the form of dividend equivalent rights (DERs). Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. 4,326 of the RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant and 10,251 of the RSUs vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the date of grant.
F3	The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.
F4	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.
F5	Includes 9,103 RSUs that may be settled in shares of Class B Common Stock, including RSUs previously issued in the form of DERs. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. The RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. Certain of such RSUs are subject to a deferral delivery feature.