AI assistant
LEVI STRAUSS & CO — Director's Dealing 2023
Jan 25, 2023
30653_dirs_2023-01-25_0e3c1766-e686-4ba7-a088-aba76206eeac.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEVI STRAUSS & CO (LEVI)
CIK: 0000094845
Period of Report: 2023-01-23
Reporting Person: Bergh Charles V (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-23 | Class A Common Stock | A | 152382 | $0.00 | Acquired | 452833 | Direct |
| 2023-01-23 | Class A Common Stock | F | 80230 | $16.82 | Disposed | 372603 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 631500 | Indirect |
| Class A Common Stock | 1588201 | Indirect |
Footnotes
F1: On January 28, 2020, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement and has no expiration date. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 23, 2023, resulting in the issuance of 152,382 vested PRSUs.
F2: Shares withheld to cover tax obligation from settlement of vested PRSUs.
F3: The shares are held in a family trust formed in 2019 of which Mr. Bergh is trustee.
F4: The shares are held in a family trust formed in 2022 of which Mr. Bergh is trustee.