LEVI STRAUSS & CO — Director's Dealing 2020

Feb 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2020-02-05

Reporting Person: Bergh Charles V (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-06	Class A Common Stock	C	987343	$0.00	Acquired	1731499	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-05	Stock Appreciation Rights	$6.45	M	2897320	Disposed	2021-02-05	Class B Common Stock (2897320)	Direct
2020-02-05	Class B Common Stock	$	M	2897320	Acquired		Class A Common Stock (2897320)	Direct
2020-02-05	Class B Common Stock	$	D	1909977	Disposed		Class A Common Stock (987343)	Direct
2020-02-06	Class B Common Stock	$	C	987343	Disposed		Class A Common Stock (987343)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1638950)	1638590	Indirect

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) 965,780 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) 1,931,540 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: The shares are held by the Charles V Bergh Tr Ua 02/25/2019 Charles Bergh 2019 Trust.