Charles V Bergh - 28 Nov 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
President and CEO, Director
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
28 Nov 2023
Net transactions value
-$13.5
Form type
4
Filing time
29 Nov 2023, 16:16:44 UTC
Previous filing
26 Apr 2023
Next filing
18 Dec 2023
SEC
View on sec.gov

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
transaction LEVI Stock Appreciation Rights Options Exercise $0 -503,715 -50% $0.000000 503,715 28 Nov 2023 Class B Common Stock 503,715 $6.90 Direct F1
transaction LEVI Class B Common Stock Options Exercise $3,475,634 +503,715 $6.90 503,715 28 Nov 2023 Class A Common Stock 503,715 Direct F2
transaction LEVI Class B Common Stock Disposed to Issuer $3,475,647 -224,525 -45% $15.48 279,190 28 Nov 2023 Class A Common Stock 224,525 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of these stock appreciation rights are fully vested.
F2 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.
F3 Represents shares withheld by the company for exercise price upon exercise of a stock appreciation right.