SETH JAFFE - 30 Sep 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
30 Sep 2022
Net transactions value
-$338,293
Form type
4
Filing time
04 Oct 2022, 16:12:16 UTC
Previous filing
01 Sep 2022
Next filing
01 Nov 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 +11,276 +7.6% $0.000000 159,575 30 Sep 2022 Direct F1, F2
transaction LEVI Class A Common Stock Sale $168,576 -11,276 -7.1% $14.95 148,299 30 Sep 2022 Direct F1

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 -37,776 -25% $0.000000 113,330 30 Sep 2022 Class B Common Stock 37,776 $6.10 Direct F1, F3, F4
transaction LEVI Class B Common Stock Options Exercise $230,434 +37,776 +17% $6.10 266,256 30 Sep 2022 Class A Common Stock 37,776 Direct F1, F4
transaction LEVI Class B Common Stock Disposed to Issuer $400,150 -26,500 -10% $15.10 239,756 30 Sep 2022 Class A Common Stock 26,500 Direct F1, F4, F5
transaction LEVI Class B Common Stock Conversion of derivative security $0 -11,276 -4.7% $0.000000 228,480 30 Sep 2022 Class A Common Stock 11,276 Direct F1, F2, F4
* 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 100% of these stock appreciation rights are fully vested.
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 Represents shares withheld by the company for taxes upon exercise of a stock appreciation right.