Levi Strauss director awarded 67 stock-based DERs
Jones Jeffrey J II reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jones Jeffrey J II reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co director Jeffrey J. Jones II reported an equity award of 67 dividend equivalent rights (DERs), each representing a contingent right to receive one share of Class A Common Stock upon settlement. After this grant, he holds 10,590 Class A shares directly. The DERs vest and are delivered on the same schedule as related director awards, with unvested awards and related DERs vesting 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the underlying grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 67 | $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 financial
deferred delivery feature financial
Annual Stockholder Meeting financial
FAQ
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What are dividend equivalent rights (DERs) in the LEVI Form 4?
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