Levi Strauss director granted 74 stock DERs
Geballe Daniel W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Geballe Daniel W reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co. director Daniel W. Geballe reported an equity award tied to 74 DERs linked to Class A Common Stock. These dividend equivalent rights each represent a contingent right to receive one share of Class A stock upon settlement. The DERs vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant of the underlying award. After this grant, Geballe holds 11,791 shares of Class A Common Stock in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 74 | $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 shall 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.
FAQ
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What insider transaction did LEVI director Daniel W. Geballe report?
What are the terms of the 74 dividend equivalent rights granted to LEVI director Geballe?
When do Daniel W. Geballe’s Levi Strauss DER awards vest?
Does the Form 4 for LEVI show a market purchase or sale by Daniel W. Geballe?
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