Friedman David A 4
4 · LEVI STRAUSS & CO · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Friedman David A
Director
Transactions
- Award
Class A Common Stock
2025-02-28+56→ 43,065 total - Sale
Class A Common Stock
2025-03-03$18.02/sh−4,166$75,071→ 95,846 total(indirect: See footnote) - Award
Class B Common Stock
2025-02-28+69→ 9,658 totalExercise: $0.00→ Class A Common Stock (69 underlying)
Holdings
- 1,156,540(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (1,156,540 underlying)
Footnotes (5)
- [F1]Represents dividend equivalent rights (DER), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant.
- [F2]Transaction pursuant to a previously established Rule 10b5-1 Plan.
- [F3]The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee.
- [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 DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.