LEVI STRAUSS & CO — Director's Dealing 2023

Aug 11, 2023

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2021-11-28

Reporting Person: Friedman David A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-15	Class A Common Stock	G	33333	$0.00	Disposed	214845	Indirect
2021-07-15	Class A Common Stock	G	33333	$0.00	Acquired	235325	Direct
2021-07-15	Class A Common Stock	S	33333	$28.92	Disposed	235325	Direct
2021-09-28	Class A Common Stock	C	170000	$0.00	Acquired	214845	Indirect
2021-09-28	Class A Common Stock	G	170000	$0.00	Disposed	214845	Indirect
2021-10-11	Class A Common Stock	C	200000	$0.00	Acquired	214845	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-28	Class B Common Stock	$	C	170000	Disposed		Class A Common Stock (170000)	Indirect
2021-10-11	Class B Common Stock	$	C	200000	Disposed		Class A Common Stock (200000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (8828)	8828	Direct

Footnotes

F1: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.

F2: Includes 16,313 restricted stock units (RSUs) that may be settled in shares of Class A Common Stock, including RSUs previously issued in the form of dividend equivalent rights. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. 10,828 of the RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant and 5,485 of the RSUs vest in full on the first anniversary of the date of grant.

F3: Transaction pursuant to a previously established Rule 10b5-1 Plan.

F4: Represents weighted average sales price. The shares were sold at prices ranging from $28.559 to $30.00. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F5: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

F6: 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.

F7: Each share is represented by a restricted stock unit (RSU) that may be settled in shares of Class B Common Stock, including RSUs previously issued in the form of dividend equivalent rights (DERs). Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. The RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. Certain of such RSUs are subject to a deferral delivery feature.