Charles V. Bergh - Jan 25, 2021 Form 4/A - Amendment Insider Report for LEVI STRAUSS & CO (LEVI)

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	LEVI	Class B Common Stock	Award	$0	+338K	+54.6%	$0.00	958K	Jan 25, 2021	Class A Common Stock	338K	Direct	F1, F2, F3, F4
transaction	LEVI	Class B Common Stock	Tax liability	-$3.41M	-161K	-16.78%	$21.24	797K	Jan 25, 2021	Class A Common Stock	161K	Direct	F3, F5
holding	LEVI	Class B Common Stock						733K	Jan 25, 2021	Class A Common Stock	733K	See Footnote	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents shares of Class B common stock issued upon the settlement of restricted stock units with performance-based vesting criteria (PRSUs). The performance criteria were met on January 25, 2021.
F2	This Form 4/A is being filed to correct the disclosure relating to the issuance of shares of Class B common stock upon settlement of PRSUs set forth in the Form 4 filed on January 27, 2021 (the "Original Form 4"), which were inadvertently disclosed in Table I instead of Table II in the Original Form 4.
F3	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.
F4	Includes 174,564 shares of Class B common stock subject to restricted stock units, (i) 87,560 of which were awarded in 2018, which vest on two equal installments beginning on January 30, 2021 and (ii) 87,004 of which were awarded in 2019, of which 26,294 vest on January 30, 2021, and the remainder of which vest in two equal installments beginning January 30, 2022.
F5	Shares withheld to cover tax obligation from settlement of vested PRSUs and RSUs.
F6	The shares are held in a family trust formed in 2019 of which Mr. Bergh is trustee.