4//SEC Filing
Bergh Charles V 4
Accession 0001999371-24-000873
CIK 0000094845other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 8:53 PM ET
Size
17.3 KB
Accession
0001999371-24-000873
Insider Transaction Report
Form 4
Bergh Charles V
DirectorPresident and CEO
Transactions
- Award
Class A Common Stock
2024-01-23+160,186→ 2,115,711 total - Tax Payment
Class A Common Stock
2024-01-23$15.75/sh−76,731$1,208,513→ 2,038,980 total - Exercise/Conversion
Stock Appreciation Rights
2024-01-24−503,715→ 0 totalExercise: $6.90Exp: 2024-02-01→ Class B Common Stock (503,715 underlying) - Exercise/Conversion
Class B Common Stock
2024-01-24$6.90/sh+503,715$3,475,634→ 782,905 total→ Class A Common Stock (503,715 underlying) - Disposition to Issuer
Class B Common Stock
2024-01-24$15.75/sh−220,676$3,475,647→ 562,229 total→ Class A Common Stock (220,676 underlying)
Holdings
- 631,500(indirect: See Footnote)
Class A Common Stock
- 658,201(indirect: See Footnote)
Class A Common Stock
- 1,057,235(indirect: See Footnote)
Class A Common Stock
- 930,000(indirect: See Footnote)
Class A Common Stock
Footnotes (9)
- [F1]On January 26, 2021, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement and has no expiration date. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 23, 2024, resulting in the issuance of 160,186 vested PRSUs.
- [F2]Shares withheld to cover tax obligation from settlement of vested PRSUs.
- [F3]100% of these stock appreciation rights are fully vested.
- [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 shares withheld by the company for exercise price upon exercise of a stock appreciation right.
- [F6]The shares are held in a family trust formed in 2019 of which Mr. Bergh is trustee.
- [F7]The shares are held in a family trust formed in 2022 of which Mr. Bergh is trustee.
- [F8]The shares are held in an irrevocable trust to which Mr. Bergh is Investment Direction Adviser and of which Mr. Bergh's family members are beneficiaries.
- [F9]The shares are held in a family trust formed in 2023 of which Mr. Bergh is trustee.
Issuer
LEVI STRAUSS & CO
CIK 0000094845
Entity typeother
Related Parties
1- filerCIK 0001436534
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 8:53 PM ET
- Size
- 17.3 KB