Christopher J. McCormick - 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, 06:44 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 +26.24% $0.00 49.3K Apr 19, 2023 Direct F1, 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
holding LEVI Class B Common Stock 56.9K Apr 19, 2023 Class B Common Stock 56.9K Direct 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 30,762 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. 20,511 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. Certain of such RSUs are subject to a deferral delivery feature.
F3 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.
F4 Includes 17,855 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.