Charles V. Bergh - Jan 24, 2022 Form 4/A - Amendment Insider Report for LEVI STRAUSS & CO (LEVI)

Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
Stock symbol
LEVI
Transactions as of
Jan 24, 2022
Transactions value $
-$3,705,825
Form type
4/A - Amendment
Date filed
4/21/2023, 06:37 PM
Date Of Original Report
Jan 26, 2022
Previous filing
Dec 20, 2021
Next filing
Feb 1, 2022

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 Class B Common Stock Award $0 +357K +32.16% $0.00 1.47M Jan 24, 2022 Class A Common Stock 357K Direct F1, F2, F3, F4
transaction LEVI Class B Common Stock Tax liability -$3.71M -170K -11.6% $21.79 1.3M Jan 24, 2022 Class A Common Stock 170K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 24, 2022.
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 26, 2022 (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 104,490 shares of Class B common stock subject to restricted stock units, (i) 43,780 of which were awarded in 2018 and vest on January 30, 2022 and (ii) 60,710 of which were awarded in 2019, which vest in two equal annual installments beginning on January 30, 2022.
F5 Shares withheld to cover tax obligation from settlement of vested PRSUs and restricted stock units.