LEVI STRAUSS & CO — Director's Dealing 2020

Jan 8, 2020

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2019-11-24

Reporting Person: Friedman David A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-07	Class A Common Stock	G	160000	$0.00	Disposed	10000	Indirect
2019-10-17	Class A Common Stock	A	137	$0.00	Acquired	15834	Direct

Footnotes

F1: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.

F2: With respect to 75 dividend equivalent rights (DER), each of those DERs 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 DERs 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: Settlement of DER in connection with restricted stock units (RSU). The rights accrued when and as dividends were paid on the Issuer's Class A common stock or Class B common stock, as appropriate, and became exercisable proportionately with the RSU to which they are related. Each DER is the economic equivalent of one share of the Issuer's Class A common stock or Class B common stock, as appropriate.