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LEVI STRAUSS & CO — Director's Dealing 2021
Nov 18, 2021
30653_dirs_2021-11-18_0ce6e171-847c-4c9e-a370-677b15b4e4b2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2021-11-17
Reporting Person: Rodgers Elliott (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-17 | Class A Common Stock | A | 27 | $0.00 | Acquired | 9965 | Direct |
Footnotes
F1: Dividend equivalent rights (DER) which represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. With respect to 12 of the DERs, the DERs shall 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. With respect to 15 of the DERs, the DERs shall vest as to 100% of the shares on the first anniversary of the date of grant.
F2: 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 and became exercisable with respect to the RSU. Each DER is the economic equivalent of one share of the Issuer's Class A Common Stock.