SETH JAFFE - 31 Aug 2022 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
EVP & General Counsel
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
31 Aug 2022
Net transactions value
-$433,048
Form type
4
Filing time
01 Sep 2022, 16:39:53 UTC
Previous filing
01 Aug 2022
Next filing
04 Oct 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 Conversion of derivative security $0 +12,365 +8.3% $0.000000 160,664 31 Aug 2022 Direct F1, F2
transaction LEVI Class A Common Stock Sale $217,253 -12,365 -7.7% $17.57 148,299 31 Aug 2022 Direct F1, F3

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 -20% $0.000000 151,106 31 Aug 2022 Class B Common Stock 37,777 $6.10 Direct F1, F4, F5
transaction LEVI Class B Common Stock Options Exercise $230,440 +37,777 +17% $6.10 266,257 31 Aug 2022 Class A Common Stock 37,777 Direct F1, F5
transaction LEVI Class B Common Stock Disposed to Issuer $446,235 -25,412 -9.5% $17.56 240,845 31 Aug 2022 Class A Common Stock 24,995 Direct F1, F5
transaction LEVI Class B Common Stock Conversion of derivative security $0 -12,365 -5.1% $0.000000 228,480 31 Aug 2022 Class A Common Stock 12,782 Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
F2 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F3 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $17.564 to $17.576. 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.
F4 100% of these stock appreciation rights are fully vested.
F5 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.