LEVI director awarded 98 stock-based shares
Prime Joshua E reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Prime Joshua E reported acquisition or exercise transactions in this Form 4 filing.
LEVI STRAUSS & CO director receives stock-based award
Director Joshua E. Prime received an award of 98 shares of Class A Common Stock in the form of dividend equivalent rights, granted at no cash cost. Each right represents a contingent right to receive one share when the related award settles.
After this grant, Prime directly holds 73,316 shares of Class A Common Stock. The dividend equivalent rights generally vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the related award, with some fully vested awards subject to deferred delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 98 | $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
Class A Common Stock financial
Annual Stockholder Meeting financial
deferred delivery feature financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LEVI director Joshua E. Prime report on this Form 4?
What are dividend equivalent rights (DERs) in the LEVI Form 4 filing?
When do Joshua E. Prime’s LEVI dividend equivalent rights vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.