Yael Garten - May 18, 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: May 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/22/2023, 09:01 PM
Previous filing: Apr 21, 2023
Next filing: Aug 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEVI	Class A Common Stock	Award	$0	+160	+0.4%	$0.00	40.2K	May 18, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents dividend equivalent rights (DER), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. With respect to 31 of the DERs, the DERs are fully vested. With respect to 38 of the DERs, the DERs shall vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. With respect to 91 of the DERs, the DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant. Certain of the shares of the underlying Class A Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

Content

Represents dividend equivalent rights (DER), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. With respect to 31 of the DERs, the DERs are fully vested. With respect to 38 of the DERs, the DERs shall vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. With respect to 91 of the DERs, the DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant. Certain of the shares of the underlying Class A Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.