LEVI STRAUSS & CO — Director's Dealing 2020

Dec 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2020-11-27

Reporting Person: Ellison Seth M. (EVP & President, Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-27	Class A Common Stock	C	47217	$0.00	Acquired	173225	Direct
2020-11-30	Class A Common Stock	S	122707	$18.67	Disposed	50518	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-27	Stock Appreciation Rights	$6.10	M	137390	Disposed	2023-02-09	Class B Common Stock (137390)	Direct
2020-11-27	Class B Common Stock	$	M	137390	Acquired		Class A Common Stock (137390)	Direct
2020-11-27	Class B Common Stock	$	D	90173	Disposed		Class A Common Stock (90173)	Direct
2020-11-30	Class B Common Stock	$	C	47217	Disposed		Class A Common Stock (47217)	Direct

Footnotes

F1: Transaction pursuant to a previously established Rule 10b5-1 Plan.

F2: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

F3: The price in Column 4 is a weighted average sale price. The prices actually received ranged from $18.34 to $19.19. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F4: The stock appreciation rights are performance stock appreciation rights that vested on January 30, 2019 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.

F5: 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.