0001209191-23-025254.txt : 20230421
0001209191-23-025254.hdr.sgml : 20230421
20230421183028
ACCESSION NUMBER: 0001209191-23-025254
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190325
FILED AS OF DATE: 20230421
DATE AS OF CHANGE: 20230421
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Singh Harmit J
CENTRAL INDEX KEY: 0001472176
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06631
FILM NUMBER: 23837563
MAIL ADDRESS:
STREET 1: 71 SOUTH WACKER DRIVE, 12TH FLOOR
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LEVI STRAUSS & CO
CENTRAL INDEX KEY: 0000094845
STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
IRS NUMBER: 940905160
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1127
BUSINESS ADDRESS:
STREET 1: 1155 BATTERY ST
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
BUSINESS PHONE: 4155016000
MAIL ADDRESS:
STREET 1: 1155 BATTERY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
4/A
1
doc4a.xml
FORM 4/A SUBMISSION
X0407
4/A
2019-03-25
2019-03-27
0
0000094845
LEVI STRAUSS & CO
LEVI
0001472176
Singh Harmit J
C/O LEVI STRAUSS & CO.
1155 BATTERY STREET
SAN FRANCISCO
CA
94111
0
1
0
0
Executive VP and CFO
0
Common Stock
2019-03-25
4
J
0
6050
0.00
D
105930
D
Common Stock
2019-03-25
4
J
0
105930
0.00
D
0
D
Class B Common Stock
2019-03-25
4
J
0
6050
0.00
A
Class A Common Stock
6050
6050
D
Class B Common Stock
2019-03-25
4
J
0
105930
0.00
A
Class A Common Stock
105930
111980
D
Stock Appreciation Rights
6.10
2019-03-25
4
J
0
976390
0.00
D
2023-02-09
Common Stock
976390
0
D
Stock Appreciation Rights
6.10
2019-03-25
4
J
0
976390
0.00
A
2023-02-09
Class B Common Stock
976390
976390
D
Stock Appreciation Rights
7.425
2019-03-25
4
J
0
792450
0.00
D
2022-02-04
Common Stock
792450
0
D
Stock Appreciation Rights
7.425
2019-03-25
4
J
0
792450
0.00
A
2022-02-04
Class B Common Stock
792450
792450
D
Stock Appreciation Rights
6.45
2019-03-25
4
J
0
660790
0.00
D
2021-02-05
Common Stock
660790
0
D
Stock Appreciation Rights
6.45
2019-03-25
4
J
0
660790
0.00
A
2021-02-05
Class B Common Stock
660790
660790
D
Stock Appreciation Rights
3.775
2019-03-25
4
J
0
246210
0.00
D
2020-02-05
Common Stock
246210
0
D
Stock Appreciation Rights
3.775
2019-03-25
4
J
0
246210
0.00
A
2020-02-05
Class B Common Stock
246210
246210
D
Stock Appreciation Rights
14.875
2019-03-25
4
J
0
89440
0.00
D
2029-01-29
Common Stock
89440
0
D
Stock Appreciation Rights
14.875
2019-03-25
4
J
0
89440
0.00
A
2029-01-29
Class B Common Stock
89440
89440
D
Stock Appreciation Rights
9.60
2019-03-25
4
J
0
138670
0.00
D
2025-01-30
Common Stock
138670
0
D
Stock Appreciation Rights
9.60
2019-03-25
4
J
0
138670
0.00
A
2025-01-30
Class B Common Stock
138670
138670
D
Stock Appreciation Rights
6.90
2019-03-25
4
J
0
216980
0.00
D
2024-02-01
Common Stock
216980
0
D
Stock Appreciation Rights
6.90
2019-03-25
4
J
0
216980
0.00
A
2024-02-01
Class B Common Stock
216980
216980
D
Immediately prior to the closing of the Issuer's initial public offering, 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.
This Form 4/A is being filed to correct the disclosure relating to 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. As a result, certain subsequent instances of withholding of shares to satisfy tax liabilities were reported solely within Table I.
Each share is represented by a restricted stock unit (RSU) that may be settled in shares of Class B Common Stock. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. Of these RSUs, (i) 50,720 RSUs vest on February 1, 2020, (ii) 28,320 RSUs vest in four equal annual installments beginning on January 30, 2019, and (iii) 26,890 RSUs vest in four equal annual installments beginning on January 30, 2020.
Each stock appreciation right (SAR) represents the right to receive, upon exercise, shares of the Issuer's Common Stock (and, after the conversion noted in footnote (1), Class B Common Stock) with a value equal to the increase in the fair market value of one share of such stock from the date of grant of the SAR.
Of these SARs: (i) 443,810 are performance stock appreciation rights (PSARs) that vested on January 30, 2019 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors; and (ii) 532,580 SARs that vested as to 25% of the SARs on February 9, 2017, with the remainder vesting in 36 equal monthly installments thereafter.
Of these SARs: (i) 337,020 are PSARs that vested on January 30, 2018 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors; and (ii) 455,430 SARs that are fully vested.
Of these SARs: (i) 220,270 are PSARs that vested on February 1, 2017 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors; and (ii) 440,520 SARs that are fully vested.
These SARs are PSARs that vested on March 1, 2016 based upon the achievement of certain financial targets and total stockholder return, each over a three-year period, as determined by the Issuer's board of directors.
25% of the SARs vest on January 30, 2020, and 1/3 of the remaining SARs vest annually beginning on January 30, 2021.
25% of the SARs vested on January 30, 2019, and 1/3 of the remaining SARs vest annually beginning on January 30, 2020.
25% of the SARs vested on February 1, 2018, and 1/3 of the remaining SARs vest annually beginning on February 1, 2019.
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact
2023-04-21