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LEVI STRAUSS & CO — Director's Dealing 2021
Jan 27, 2021
30653_dirs_2021-01-27_c3c025ed-6246-4763-93fe-0255e6c8881f.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: 2021-01-25
Reporting Person: O'Neill Elizabeth T (EVP & Pres.Prod., Innov. Supp.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-25 | Class A Common Stock | A | 35210 | $0.00 | Acquired | 69265 | Direct |
| 2021-01-25 | Class A Common Stock | F | 12409 | $21.24 | Disposed | 56856 | Direct |
Footnotes
F1: On January 30, 2018, the reporting person was granted performance-based restricted stock units (PSRUs). Each PRSU represents a contingent right to receive shares 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 PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 25, 2021, resulting in the issuance of 35,210 vested PRSUs.
F2: Shares withheld to cover tax obligation from settlement of vested restricted stock units.