Levi Strauss director granted 156 stock DERs
Levi Strauss & Co. director Yael Garten reported an acquisition of 156 dividend equivalent rights (DERs) tied to Class A Common Stock.
Rhea-AI Filing Summary
Levi Strauss & Co. director Yael Garten reported an acquisition of 156 dividend equivalent rights (DERs) tied to Class A Common Stock. The award carried a stated price of $0.0000 per share, and direct holdings after the transaction were 69,253 shares.
Each DER represents a contingent right to receive one share of Class A Common Stock upon settlement. Unvested awards and related DERs vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant, and are subject to a deferred delivery feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 156 | $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 DERs are fully vested. All awards 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 insider transaction did LEVI director Yael Garten report?
What are dividend equivalent rights (DERs) reported in the LEVI Form 4?
When do the Levi Strauss (LEVI) DERs granted to Yael Garten vest?
Is there a cash exercise price for Yael Garten’s new LEVI DERs?
AI-generated analysis. How Rhea-AI works. Not financial advice.