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LEVI STRAUSS & CO — Director's Dealing 2021
Feb 2, 2021
30653_dirs_2021-02-02_19d440d2-d71e-4aeb-89d4-af84ed017112.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: 2021-01-30
Reporting Person: Rosen Marc (EVP & President, LSA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-30 | Class A Common Stock | F | 2443 | $19.71 | Disposed | 103798 | Direct |
| 2021-02-01 | Class A Common Stock | C | 11838 | $0.00 | Acquired | 115636 | Direct |
| 2021-02-01 | Class A Common Stock | S | 19508 | $19.64 | Disposed | 96128 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-01 | Stock Appreciation Rights | $6.90 | M | 21310 | Disposed | 2024-02-01 | Class B Common Stock (21310) | Direct |
| 2021-02-01 | Class B Common Stock | $ | M | 21310 | Acquired | Class A Common Stock (21310) | Direct | |
| 2021-02-01 | Stock Appreciation Rights | $9.60 | M | 14350 | Disposed | 2025-01-20 | Class B Common Stock (14350) | Direct |
| 2021-02-01 | Class B Common Stock | $ | M | 14350 | Acquired | Class A Common Stock (14350) | Direct | |
| 2021-02-01 | Class B Common Stock | $ | D | 23822 | Disposed | Class A Common Stock (23822) | Direct | |
| 2021-02-01 | Class B Common Stock | $ | C | 11838 | Disposed | Class A Common Stock (11838) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 28350 | Indirect |
Footnotes
F1: Shares withheld to cover tax obligation from settlement of vested restricted stock units.
F2: The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
F3: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F4: Price represents the weighted average sale price of the shares sold. The sale price ranged from $19.32to $19.87 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5: The shares are held by the Rosen Family Trust, of which the Reporting Person is a co-trustee.
F6: Fully vested.
F7: 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.
F8: 25% of the SARs vested on January 30, 2019, and 1/3 of the remaining SARs vest annually beginning on January 30, 2020.