LEVI STRAUSS & CO — Director's Dealing 2019

Mar 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2019-03-25

Reporting Person: Friedman David A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-25	Common Stock	J	8580	—	Disposed	0	Direct
2019-03-25	Class A Common Stock	J	8580	—	Acquired	8580	Direct
2019-03-25	Common Stock	J	2377540	—	Disposed	0	Indirect
2019-03-25	Common Stock	J	1464540	—	Disposed	0	Indirect
2019-03-25	Class A Common Stock	C	150000	$0.00	Acquired	150000	Indirect
2019-03-25	Class A Common Stock	S	150000	$17.00	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-25	Class B Common Stock	$	J	2377540	Acquired		Class A Common Stock (2377540)	Indirect
2019-03-25	Class B Common Stock	$	J	1464540	Acquired		Class A Common Stock (1464540)	Indirect
2019-03-25	Class B Common Stock	$	C	150000	Disposed		Class A Common Stock (150000)	Indirect

Footnotes

F1: Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.

F2: Each share is represented by a restricted stock unit (RSU), 80 of which are issuable in respect of dividend equivalent rights on the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest in a series of three (3) equal installments on the dates that are thirteen (13), twenty-four (24) and thirty-six (36) months following the date of grant.

F3: Each share is represented by an RSU, 80 of which are issuable in respect of dividend equivalent rights on the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. 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. The RSUs vest in a series of three (3) equal installments on the dates that are thirteen (13), twenty-four (24) and thirty-six (36) months following the date of grant.

F4: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.

F5: The shares are held by trusts, of which Mr. Friedman is co-trustee, for the benefit of others. Mr. Friedman disclaims beneficial ownership of these shares.

F6: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the David A. Friedman 1993 Revocable Trust.

F7: 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.