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 | -12.1K | -11.11% | $0.00 | 96.4K | May 31, 2023 | Class B Common Stock | 12.1K | $6.90 | Direct | F1, F3, F4 |
transaction | LEVI | Class B Common Stock | Options Exercise | $83.2K | +12.1K | +5.28% | $6.90 | 241K | May 31, 2023 | Class A Common Stock | 12.1K | Direct | F1, F4 | |
transaction | LEVI | Class B Common Stock | Disposed to Issuer | -$123K | -9.12K | -3.79% | $13.48 | 231K | May 31, 2023 | Class A Common Stock | 9.12K | Direct | F1, F4, F5 | |
transaction | LEVI | Class B Common Stock | Conversion of derivative security | $0 | -2.94K | -1.27% | $0.00 | 228K | May 31, 2023 | Class A Common Stock | 2.94K | Direct | F1, F2, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan adopted by the Reporting Person on February 6, 2023. |
F2 | Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person. |
F3 | 100% of these stock appreciation rights are fully vested. |
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 | Represents shares withheld by the company for exercise price and taxes upon exercise of a stock appreciation right. |