SETH JAFFE - 28 Jan 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
EVP & General Counsel
Signature
/s/ David Jedrzejek, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
28 Jan 2022
Net transactions value
-$709,753
Form type
4
Filing time
01 Feb 2022, 20:08:54 UTC
Previous filing
31 Jan 2022
Next filing
01 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEVI Class A Common Stock Tax liability $33,428 -1,525 -0.99% $21.92 152,267 28 Jan 2022 Direct F1
transaction LEVI Class A Common Stock Tax liability $86,979 -3,968 -2.6% $21.92 148,299 30 Jan 2022 Direct F1
transaction LEVI Class A Common Stock Conversion of derivative security $0 +14,602 +9.8% $0.000000 162,901 31 Jan 2022 Direct F2, F3
transaction LEVI Class A Common Stock Sale $316,425 -14,602 -9% $21.67 148,299 31 Jan 2022 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LEVI Stock Appreciation Rights Options Exercise $0 -37,777 -8.3% $0.000000 415,543 31 Jan 2022 Class B Common Stock 37,777 $6.10 Direct F2, F5, F6
transaction LEVI Class B Common Stock Options Exercise $230,440 +37,777 +17% $6.10 266,257 31 Jan 2022 Class A Common Stock 37,777 Direct F2, F6
transaction LEVI Class B Common Stock Disposed to Issuer $503,361 -23,175 -8.7% $21.72 243,082 31 Jan 2022 Class A Common Stock 23,175 Direct F2, F6
transaction LEVI Class B Common Stock Conversion of derivative security $0 -14,602 -6% $0.000000 228,480 31 Jan 2022 Class A Common Stock 14,602 Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax obligation from settlement of vested restricted stock units.
F2 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
F3 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F4 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $21.65 to $21.686. The Reporting Person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 100% of these stock appreciation rights are fully vested.
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.