LEVI STRAUSS & CO — Director's Dealing 2019

Mar 20, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2019-03-20

Reporting Person: O'Neill Elizabeth T (EVP & Pres.Prod., Innov. Supp.)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	54950	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$14.875	2029-01-29	Common Stock (55900)		Direct
Stock Appreciation Rights	$9.60	2025-01-30	Common Stock (66940)		Direct
Stock Appreciation Rights	$6.90	2024-02-01	Common Stock (92990)		Direct

Footnotes

F1: Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.

F2: 52,190 of the shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. Of the 52,190 RSUs, (i) 21,730 RSUs vest on February 1, 2020, (ii) 13,660 RSUs represent the unvested portion of an RSU award that vests in four equal annual installments beginning on January 30, 2019, and (iii) 16,800 RSUs vest in four equal annual installments beginning on January 30, 2020.

F3: 25% of the stock appreciation rights (SARs) vest on January 30, 2020, and 1/3 of the remaining SARs vest annually beginning on January 30, 2021.

F4: Each SAR represents the right to receive, upon exercise, shares of the Issuer's Common Stock with a value equal to the increase in the fair market value of one share of Common Stock from the date of grant of the SAR.

F5: 25% of the SARs vested on January 30, 2019, and 1/3 of the remaining SARs vest annually beginning on January 30, 2020.

F6: 25% of the SARs vested on February 1, 2018, and 1/3 of the remaining SARs vest annually beginning on February 1, 2019.