Levi Strauss director receives stock-based award
Levi Strauss & Co. director Jeffrey J. Jones II reported an equity award tied to the company’s Class A Common Stock.
Rhea-AI Filing Summary
Levi Strauss & Co. director Jeffrey J. Jones II reported an equity award tied to the company’s Class A Common Stock. He acquired 13 dividend equivalent rights, each representing a contingent right to receive one share with a grant price of $0.00 per share.
The dividend equivalent rights vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date and are subject to a deferred delivery feature. Following this grant, Jones directly holds 2,080 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13 | $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 awards and 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. The underlying awards are subject to a deferred delivery feature, the same terms apply to the related DERs.
FAQ
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What insider transaction did Levi Strauss (LEVI) report for Jeffrey J. Jones II?
What did Jeffrey J. Jones II receive in the latest Levi Strauss (LEVI) Form 4 filing?
When do the Levi Strauss (LEVI) dividend equivalent rights awarded to Jeffrey J. Jones II vest?
What are dividend equivalent rights in the Levi Strauss (LEVI) director award?
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