Harmit J. Singh - 11 Jan 2023 Form 4 Insider Report for LEVI STRAUSS & CO (LEVI)

Role
Executive VP and CFO
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Issuer symbol
LEVI
Transactions as of
11 Jan 2023
Net transactions value
-$1,707,984
Form type
4
Filing time
13 Jan 2023, 15:23:13 UTC
Previous filing
14 Dec 2022
Next filing
25 Jan 2023
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 +106,860 +23% $0.000000 581,501 13 Jan 2023 Direct F1, F2

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 -321,390 -100% $0.000000* 0 11 Jan 2023 Class B Common Stock 321,390 $6.10 Direct F2, F3
transaction LEVI Class B Common Stock Options Exercise $1,960,479 +321,390 $6.10 321,390 11 Jan 2023 Class A Common Stock 321,390 Direct F2
transaction LEVI Class B Common Stock Disposed to Issuer $3,668,463 -214,530 -67% $17.10 106,860 11 Jan 2023 Class A Common Stock 214,530 Direct F2, F4
transaction LEVI Class B Common Stock Conversion of derivative security $0 -106,860 -100% $0.000000* 0 13 Jan 2023 Class A Common Stock 106,860 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F2 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.
F3 100% of these stock appreciation rights are fully vested.
F4 Represents shares withheld by the company for exercise price and taxes upon exercise of a stock appreciation right.