LEVI STRAUSS & CO — Director's Dealing 2023

Apr 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2023-04-19

Reporting Person: Friedman David A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-19	Class A Common Stock	A	10251	$0.00	Acquired	34840	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 (9103)	9103	Direct
Class B Common Stock	$		Class B Common Stock (1287540)	1287540	Indirect

Footnotes

F1: Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.

F2: Includes 14,577 RSUs that may be settled in shares of Class A 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 A Common Stock upon settlement. 4,326 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 10,251 of the RSUs vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the date of grant.

F3: The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.

F4: 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.

F5: Includes 9,103 RSUs that may be settled in shares of Class B Common Stock, including RSUs previously issued in the form of 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.