Form 4/A for LEVI LEVI STRAUSS & CO
Accepted 2023-04-21 00:00:00 ET · period of report 2019-03-25 · accession 0001209191-23-025245 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | J - Other | $0.00 | -8,580 | 0 | -100% | $0 |
| DMAI | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | J - Other | $0.00 | -3.84M | 0 | -100% | $0 |
| DAI | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | S - Sale | $17.00 | -150.0K | 0 | -100% | -$2.55M |
| DAI | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | C - Cnv Deriv | $0.00 | +150.0K | 150.0K | New | $0 |
| DA | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | J - Other | $0.00 | +8,580 | 8,580 | New | $0 |
| DMAI | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | J - Other | $0.00 | +3.84M | 1.46M | New | $0 |
| DAI | 2023-04-21 | 2019-03-25 | LEVI | Friedman David A | Dir | C - Cnv Deriv | $0.00 | -150.0K | 2.23M | -6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2019-03-25 | J | D | 8,580 | $0.00 | 0 | D See footnote | — | — | (F2) This Form 4/A is being filed to correct the disclosure relating to such RSUs (the "Class B RSUs") set forth in the Form 4 filed on March 27, 2019 (the "Original Form 4"), which were inadvertently disclosed in Table I instead of Table II in the Original Form 4. DERs issued with regard to the Class B RSUs after the date of the Original Form 4 were also incorrectly reported on Table I instead of Table II, as a result of the initial misclassification. (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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. (F3) Each share is represented by a restricted stock unit (RSU) that may be settled in shares of Class B Common Stock, including RSUs previously issued in the form of dividend equivalent rights (DERs). Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. The RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. Certain of such RSUs are subject to a deferral delivery feature. (F4) The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee. |
| 2 | Common | Common Stock | 2019-03-25 | J | D | 2,377,540 | $0.00 | 0 | I See footnote | — | — | (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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) The shares are held by trusts, of which Mr. Friedman is co-trustee, for the benefit of others. Mr. Friedman disclaims beneficial ownership of these shares. |
| 3 | Common | Class A Common Stock | 2019-03-25 | S | D | 150,000 | $17.00 | 0 | I | — | — | |
| 4 | Common | Class A Common Stock | 2019-03-25 | C | A | 150,000 | $0.00 | 150,000 | I See footnote | — | — | (F4) The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee. |
| 5 | Common | Common Stock | 2019-03-25 | J | D | 1,464,540 | $0.00 | 0 | I See footnote | — | — | (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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) The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee. |
| 6 | Derivative | Class B Common Stock | 2019-03-25 | J | A | 8,580 | $0.00 | 8,580 | D See footnote | — · — to — | 8,580 Class A Common Stock | (F2) This Form 4/A is being filed to correct the disclosure relating to such RSUs (the "Class B RSUs") set forth in the Form 4 filed on March 27, 2019 (the "Original Form 4"), which were inadvertently disclosed in Table I instead of Table II in the Original Form 4. DERs issued with regard to the Class B RSUs after the date of the Original Form 4 were also incorrectly reported on Table I instead of Table II, as a result of the initial misclassification. (F3) Each share is represented by a restricted stock unit (RSU) that may be settled in shares of Class B Common Stock, including RSUs previously issued in the form of dividend equivalent rights (DERs). Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. The RSUs vest in a series of three equal installments on the dates that are 13, 24 and 36 months following the date of grant. Certain of such RSUs are subject to a deferral delivery feature. (F4) The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee. (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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. |
| 7 | Derivative | Class B Common Stock | 2019-03-25 | J | A | 2,377,540 | $0.00 | 2,377,540 | I See footnote | — · — to — | 2,377,540 Class A Common Stock | (F5) The shares are held by trusts, of which Mr. Friedman is co-trustee, for the benefit of others. Mr. Friedman disclaims beneficial ownership of these shares. (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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. |
| 8 | Derivative | Class B Common Stock | 2019-03-25 | J | A | 1,464,540 | $0.00 | 1,464,540 | I See footnote | — · — to — | 1,464,540 Class A Common Stock | (F4) The shares are held by the David A. Friedman 1993 Revocable Trust, of which the Reporting Person is trustee. (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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. |
| 9 | Derivative | Class B Common Stock | 2019-03-25 | C | D | 150,000 | $0.00 | 2,227,540 | I | — · — to — | 150,000 Class A Common Stock | (F1) Immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. 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. |