Levi Strauss director granted 68 share units
MARBERGER DAVID S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MARBERGER DAVID S reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co. director David S. Marberger received 68 Class A Common Stock equivalents as a stock-based award. The grant, recorded at a price of $0.00 per share, brings his directly held Class A shares and related rights to 31,293. The award represents dividend equivalent rights that vest and are delivered in line with the underlying equity awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 68 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs vest and are delivered consistent with the underlying awards to which they relate. Unvested awards and the related DERs 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 of the underlying award. Certain underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.
Key Figures
Key Terms
dividend equivalent rights (DERs) financial
contingent right financial
deferred delivery feature financial
FAQ
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What did Levi Strauss (LEVI) director David S. Marberger report in this Form 4?
What type of transaction is disclosed for Levi Strauss (LEVI) in this Form 4?
What are dividend equivalent rights (DERs) in the Levi Strauss (LEVI) Form 4 filing?
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