SETH JAFFE - 27 Jan 2023 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
27 Jan 2023
Transactions value $
-$53,139
Form type
4
Filing time
31 Jan 2023, 17:23:17 UTC
Previous filing
25 Jan 2023
Next filing
01 Feb 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 Award $0 +16.9K +10.48% $0.00 178K 27 Jan 2023 Direct F1
transaction LEVI Class A Common Stock Tax liability -$53.1K -2.99K -1.68% $17.79 175K 27 Jan 2023 Direct 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 Award $0 +42.4K $0.00 42.4K 27 Jan 2023 Class A Common Stock 42.4K $17.79 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, subject to Participant's Continuous Service through each such vesting date.
F2 Shares withheld to cover tax obligation from settlement of vested RSUs.
F3 Vests in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, subject to Participant's Continuous Service through each such vesting date.