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LEVI STRAUSS & CO — Director's Dealing 2022
May 25, 2022
30653_dirs_2022-05-25_5b4f1089-e20a-4cd0-bbad-e48debed55a2.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: 2022-05-24
Reporting Person: Garten Yael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-24 | Class A Common Stock | A | 151 | $0.00 | Acquired | 29448 | 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 71 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 33 of the DERs, the DERs shall vest as to 100% of the shares on the first anniversary of the date of grant. With respect to 47 of the DERs, the DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or 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.