LEVI director granted 63 Class A shares
LEVI STRAUSS & CO director Patrick Artemis received an equity-based award of 63 shares of Class A Common Stock.
Rhea-AI Filing Summary
LEVI STRAUSS & CO director Patrick Artemis received an equity-based award of 63 shares of Class A Common Stock. The award is classified as a grant or other acquisition with no cash price per share. Following this grant, Artemis directly holds 22,709 Class A shares. A related footnote explains these are dividend equivalent rights that convert into Class A shares upon vesting, generally vesting in full before the next Annual Stockholder Meeting or on the first anniversary of the underlying award grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 63 | $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
Annual Stockholder Meeting regulatory
deferred delivery feature financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LEVI director Patrick Artemis report on this Form 4?
What are the dividend equivalent rights (DERs) mentioned in the LEVI Form 4 footnote?
Does the LEVI Form 4 indicate any open-market buying or selling by Patrick Artemis?
AI-generated analysis. How Rhea-AI works. Not financial advice.