AI assistant
LEVI STRAUSS & CO — Director's Dealing 2021
Mar 2, 2021
30653_dirs_2021-03-02_5b9c544c-3a3d-44d2-826d-903fc7df0618.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2021-02-26
Reporting Person: Friedman David A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-26 | Class A Common Stock | A | 44 | $0.00 | Acquired | 26070 | Direct |
| 2021-03-01 | Class A Common Stock | S | 8959 | $24.02 | Disposed | 266380 | Indirect |
Footnotes
F1: With respect to 15 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.
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 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.
F3: Transaction pursuant to a previously established Rule 10b5-1 Plan.
F4: The price in Column 4 is a weighted average sale price. The prices actually received ranged from $24.00 to $24.05. 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.
F5: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.