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LEVI STRAUSS & CO — Director's Dealing 2023
Feb 28, 2023
30653_dirs_2023-02-28_5b26266c-1916-4d78-b9cb-fd4e931020ea.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: 2023-02-23
Reporting Person: Prime Joshua E (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-23 | Class A Common Stock | A | 130 | $0.00 | Acquired | 33670 | Direct |
Footnotes
F1: Represents restricted stock units (RSUs) for Class A common stock constituting dividend equivalent rights (DERs) issued pursuant to existing Class A common stock RSUs held by the holder (the "Underlying Class A RSUs"). DERs are issued with regard to the Underlying Class A RSUs, which bear dividend equivalent rights, when and as dividends were paid on the Issuer's Class A common stock. Each DER represents a contingent right to receive one share of Class A common stock. With respect to 77 of the DERs, the DERs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant of the corresponding Underlying Class A RSUs. With respect to 53 of the DERs, the DERs vest as to 100% of the shares on the earlier of the date before the next annual meeting of shareholders or the first anniversary of the date of grant of the corresponding Underlying Class A RSUs.
F2: Certain of the Underlying Class A RSUs and the DERs issued pursuant thereto are subject to a deferral delivery feature.