LEVI STRAUSS & CO — Director's Dealing 2021

Jan 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2021-01-25

Reporting Person: Bergh Charles V (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-25	Class A Common Stock	A	338351	$0.00	Acquired	1027597	Direct
2021-01-25	Class A Common Stock	F	160728	$21.24	Disposed	866869	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1031690	Indirect
Class A Common Stock	6507	Indirect
Class A Common Stock	905525	Indirect

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 338,351 vested PRSUs.

F2: Shares withheld to cover tax obligation from settlement of vested restricted stock units.

F3: The shares are held in an irrevocable trust to which Mr. Bergh is Investment Direction Adviser and of which Mr. Bergh's family members are beneficiaries.

F4: The shares are held in a family trust formed in 2019 of which Mr. Bergh is trustee.

F5: The shares are held in a family trust formed in 2020 of which Mr. Bergh is trustee.