David A. Friedman - 23 Feb 2024 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
Director
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
23 Feb 2024
Transactions value $
$0
Form type
4
Filing time
27 Feb 2024, 18:28:20 UTC
Previous filing
13 Nov 2023
Next filing
01 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEVI Class A Common Stock Award $0 +69 +0.2% $0.00 35.2K 23 Feb 2024 Direct F1
holding LEVI Class A Common Stock 215K 23 Feb 2024 See footnote 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
transaction LEVI Class B Common Stock Award $0 +61 +0.65% $0.00 9.4K 23 Feb 2024 Class A Common Stock 61 $0.00 Direct F3, F4
holding LEVI Class B Common Stock 1.29M 23 Feb 2024 Class A Common Stock 1.29M See footnote F2, F3
* 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. 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.
F2 The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.
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 Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.