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LEVI STRAUSS & CO Director's Dealing 2019

Oct 19, 2019

30653_dirs_2019-10-18_d593a9f4-1c4d-44b6-9120-8b7827d4ce84.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2019-10-16

Reporting Person: Love David Sievewright (EVP & Pres Asia Mid E & Africa)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-18 Class A Common Stock C 192219 $0.00 Acquired 467239 Direct
2019-10-18 Class A Common Stock C 89384 $0.00 Acquired 556623 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-16 Stock Appreciation Rights $3.775 M 473480 Disposed 2020-02-05 Class B Common Stock (473480) Direct
2019-10-16 Class B Common Stock $ M 473480 Acquired Class A Common Stock (473480) Direct
2019-10-16 Class B Common Stock $ D 281261 Disposed Class A Common Stock (192219) Direct
2019-10-18 Class B Common Stock $ C 192219 Disposed Class A Common Stock (192219) Direct
2019-10-16 Stock Appreciation Rights $6.45 M 279560 Disposed 2021-02-05 Class B Common Stock (279560) Direct
2019-10-16 Class B Common Stock $ M 279560 Acquired Class A Common Stock (279560) Direct
2019-10-16 Class B Common Stock $ D 190176 Disposed Class A Common Stock (89384) Direct
2019-10-18 Class B Common Stock $ C 89384 Disposed Class A Common Stock (89384) Direct

Footnotes

F1: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

F2: Of these SARs: (i) 157,830 are PSARs that vested on March 1, 2016 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors, and are immediately exercisable; and (ii) 315,650 are time-based SARs that are fully vested.

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: Of these SARs: (i) 93,190 are PSARs that vested on February 1, 2017 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors, and are immediately exercisable; and (ii) 186,370 are time-based SARs that are fully vested.