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LEVI STRAUSS & CO — Director's Dealing 2023
May 22, 2023
30653_dirs_2023-05-22_e2c7ad40-e047-4791-9dc5-fa51632f77fa.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: 2023-05-18
Reporting Person: Friedman David A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-18 | Class A Common Stock | A | 129 | $0.00 | Acquired | 34969 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-18 | Class B Common Stock | $0.00 | A | 81 | Acquired | Class B Common Stock (81) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 214845 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class B Common Stock (1287540) | 1287540 | Indirect |
Footnotes
F1: Represents dividend equivalent rights (DER), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. With respect to 38 of the DERs, the DERs shall vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. With respect to 91 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: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.
F3: 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.
F4: Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested.
The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.