Levi Strauss director awarded 89 stock DER units
Levi Strauss & Co. director Patrick Artemis acquired 89 dividend equivalent rights (DERs) tied to Class A Common Stock at no cost.
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Rhea-AI Filing Summary
Levi Strauss & Co. director Patrick Artemis acquired 89 dividend equivalent rights (DERs) tied to Class A Common Stock at no cost. Each DER represents a contingent right to receive one share upon settlement, vesting in line with the underlying equity awards. After this grant, Artemis directly holds 14,265 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 89 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Levi Strauss (LEVI) director Patrick Artemis report in this Form 4?
What are dividend equivalent rights (DERs) in the Levi Strauss (LEVI) filing?
How do the Levi Strauss (LEVI) DERs granted to Patrick Artemis vest?
Did Patrick Artemis pay for the Levi Strauss (LEVI) DERs reported in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.