Sec Form 13G Filing - Bergh Charles V @ LEVI STRAUSS & CO

Sec Form 13G Filing - Bergh Charles V filing for LEVI STRAUSS & CO (LEVI) - 2022-02-10

Insider filing report for Changes in Beneficial Ownership

Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Levi Strauss & Co.

(Name of Issuer)

Class A Common Stock, $0.001 par value per share

(Title of Class of Securities)

52736R102

(CUSIP Number)

December 31, 2021

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 52736R102


CUSIP No. 52736R102


CUSIP No. 52736R102


CUSIP No. 52736R102

Item 1.

(a)	Name of Issuer

Levi Strauss & Co.

(b)	Address of Issuer’s Principal Executive Offices

1155 Battery Street

San Francisco, CA 94111

Item 2.

(a)	Name of Person Filing

Charles V. Bergh

Charles V. Bergh TR UA 02/25/2019 Bergh 2019 Family Trust (“2019 Trust”)

Charles V. Bergh TR UA 4/15/2020 Charles Bergh 2020 Trust (“2020 Trust”)

Bryn Mawr Trust Co of DE TR UA 12/14/2020 Bergh 2020 Descendants Trust (“Descendants Trust”)

(b)	Address of Principal Business Office or, if none, Residence

c/o Levi Strauss & Co.

1155 Battery Street

San Francisco, CA 94111

(c)	Citizenship


Charles V. Bergh		United States
2019 Trust		California
2020 Trust		California
Descendants Trust		California

(d)	Title of Class of Securities

Class A Common Stock, $0.001 par value per share

(e)	CUSIP Number

52736R102

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: NOT APPLICABLE.

(a) ☐

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) ☐

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) ☐

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e) ☐

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f) ☐

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g) ☐

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) ☐

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) ☐

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) ☐

A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

(k) ☐

Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)	Amount beneficially owned:

As of December 31, 2021: 2,107,121 shares of the Issuer’s Class A Common Stock and 4,086,357 shares of the Issuer’s Class B Common Stock, of which (i) 1,191,579 shares of Class B Common Stock are held directly (ii) 269,000 shares of Class B Common Stock are held by the 2019 Trust, (iii) 720,000 shares of Class A Common Stock are held by the 2020 Trust, (iv) 1,057,235 shares of Class A Common Stock are held by the Descendants Trust, (v) 46,206 shares of Class A Common Stock and 74,140 shares of Class B Common Stock are issuable upon the vesting of restricted stock units held by Mr. Bergh within 60 days of December 31, 2021 and (vi) 14,680 shares of Class A Common Stock and 2,820,638 shares of Class B Common Stock are issuable upon the exercise of stock appreciation rights held by Mr. Bergh within 60 days of December 31, 2021. The Class B Common Stock is convertible at the holder’s option into the Issuer’s Class A Common Stock on a 1-for-1 basis. The holders of Class B Common Stock are entitled to ten votes per share and the holders of Class A Common Stock are entitled to one vote per share.

(b)	Percent of class:

Based on (i) 96,375,987 shares of the Issuer’s Class A Common Stock issued and outstanding and (ii) 299,815,032 shares of the Issuer’s Class B Common Stock (together with the Class A Common Stock, the “Common Stock”) issued and outstanding, in each case, as of December 31, 2021, as reported by the Issuer, and the information set forth in (a) above, Mr. Bergh beneficially owned 1.6% of the Issuer’s outstanding Common Stock, representing 1.4% of the total voting power of the Issuer’s outstanding Common Stock, and beneficially owned 6.4% of the Issuer’s outstanding Class A Common Stock (treating only shares of Class B Common Stock beneficially owned by Mr. Bergh as converted for purposes of computing this percentage), the 2019 Trust beneficially owned 0.1%

of the Issuer’s outstanding Common Stock, representing 0.0% of the total voting power of the Issuer’s outstanding Common Stock, and beneficially owned 0.3% of the Issuer’s outstanding Class A Common Stock (treating only shares of Class B Common Stock beneficially owned by the Trust as converted for purposes of computing this percentage), the 2020 Trust beneficially owned 0.2% of the Issuer’s outstanding Common Stock, representing 0.0% of the total voting power of the Issuer’s outstanding Common Stock, and beneficially owned 0.7% of the Issuer’s outstanding Class A Common Stock (treating only shares of Class B Common Stock beneficially owned by the Trust as converted for purposes of computing this percentage) and the Descendants Trust beneficially owned 0.3% of the Issuer’s outstanding Common Stock, representing 0.0% of the total voting power of the Issuer’s outstanding Common Stock, and beneficially owned 1.1% of the Issuer’s outstanding Class A Common Stock (treating only shares of Class B Common Stock beneficially owned by the Trust as converted for purposes of computing this percentage).

(c)	Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote:


Charles Bergh			6,193,478
2019 Trust			269,000
2020 Trust			720,000
Descendants Trust			1,057,235

(ii)

Shared power to vote or to direct the vote:


Charles Bergh			0
2019 Trust			0
2020 Trust			0
Descendants Trust			0

(iii)

Sole power to dispose or to direct the disposition of:


Charles Bergh			6,193,478
2019 Trust			269,000
2020 Trust			720,000
Descendants Trust			1,057,235

(iv)

Shared power to dispose or to direct the disposition of:


Charles Bergh			0
2019 Trust			0
2020 Trust			0
Descendants Trust			0

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certification

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


February 9, 2022	/s/ Charles V. Bergh
	Charles V. Bergh

	CHARLES V. BERGH TR UA 02/25/2019
	BERGH 2019 FAMILY TRUST

	/s/ Charles V. Bergh
	Charles V. Bergh, Trustee

	CHARLES V. BERGH TR UA 04/15/2020
	CHARLES BERGH 2020 TRUST

	/s/ Charles V. Bergh
	Charles V. Bergh, Trustee

	BRYN MAWR TRUST CO OF DE TR UA 12/14/2020 BERGH 2020 DESCENDANTS TRUST

	/s/ Robert W. Eaddy
	The Bryn Mawr Trust Co. of Delaware, Trustee
	Name:	Robert W. Eaddy
	Title:	President

NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

  Charles Bergh

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ☐ (b) ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

United States