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.
- Peter Lynch
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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. 1)*
| 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, 2020 |
| (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)
[x] 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 on 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).
SCHEDULE 13G
| CUSIP No. | 52736R102 |
| 1 | Names of Reporting Persons |
Alison F. Geballe I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): | |
| 2 | Check the appropriate box if a member of a Group (see instructions) |
(a) [ ] (b) [ ] | |
| 3 | SEC Use Only |
| |
| 4 | Citizenship or Place of Organization< /b> |
United States |
Number of Shares Beneficially Owned by Each Reporting Person With:
|
5 | Sole Voting Power |
3,812,755 (See Item 4(a)(i) below*) | ||
| 6 | Shared Voting Power | |
1,948,724 (See Item 4(a)(ii) below*) | ||
| 7 | Sole Dispositive Power | |
3,812,755 (See Item 4(a)(i) below*) | ||
| 8 | Shared Dispositive Power | |
1,948,724 (See Item 4(a)(ii) below*) |
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person |
5,761,479 (See Item 4(a) below*) | |
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) |
[ ] | |
| 11 | Percent of class represented by amount in row (9) |
6.93% (See Item 4(b) below*) | |
| 12 | Type of Reporting Person (See Instructions) |
IN |
| Page 2 of 5 |
| Item 1. |
| (a) | Name of Issuer: Levi Strauss & Co. (the “Issuer”) |
| (b) | Address of Issuer’s Principal Executive Offices: 1155 Battery Street, San Francisco, CA 94111 |
| Item 2. |
| (a) | Name of Person Filing: |
| Alison F. Geballe | |
| (b) | Address of Principal Business Office or, if None, Residence: |
| The address of Reporting Person is: c/o Eucalyptus Associates, 567 Ruger Street, San Francisco, CA 94129 | |
| (c) | Citizenship: |
| United States | |
| (d) | Title and Class of Securities: |
| Class A Common Stock, $0.001 par value per share | |
| (e) | CUSIP No.: |
| 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. |
| Item 4. | Ownership |
| (a) | Amount Beneficially Owned: 5,761,479 |
| (i) As of December 31, 2020, the following shares were held of record by trusts for which Ms. Geballe serves as sole trustee: 3,055,940 shares of Class B Common Stock were held of record by the Alison F. Geballe Revocable Trust dated 12/19/2008; 425,233 shares of Class B Common Stock were held of record by the Geballe Grandchildrens’ Trust dated 9/5/1989; 125,071 shares of Class B Common Stock were held of record by a trust dated 8/4/1991; and 206,511 shares of Class B Common Stock were held of record by a trust dated 12/27/1996. Ms. Geballe holds sole voting and dispositive power, in her capacity as trustee, of the shares of Class B Common Stock referred to in this paragraph (a)(i). Each share of Class A Common Stock is entitled to one vote and each share of Class B Common Stock is entitled to ten votes. | |
| (ii) As of December 31, 2020, 1,948,724 shares of Class B Common Stock were held of record by the Frances K. Geballe Administrative Trust dated 5/9/2007, for which Ms. Geballe serves as a co-trustee. In her capacity as a co-trustee, Ms. Geballe shares voting and dispositive power of the shares of Class B Common Stock referred to in this paragraph (a)(ii). Each share of Class A Common Stock is entitled to one vote and each share of Class B Common Stock is entitled to ten votes. |
| Page 3 of 5 |
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to voting, conversion and transfer. Each share of Class A Common Stock is entitled to one vote and each share of Class B Common Stock is entitled to ten votes. | |
Ms. Geballe expressly disclaims “beneficial” ownership of all shares of Class B Common Stock referred to in this Item 4, except for those shares owned of record by the Alison F. Geballe Revocable Trust dated 12/19/2008. |
| (b) | Percent of Class: |
| 6.93% | |
Based on the quotient obtained by dividing (a) the aggregate amount beneficially owned by the Reporting Person as set forth in Row 9 by (b) the sum of (i) 77,329,197 shares of Class A Common Stock outstanding as of January 21, 2021, as reported in the Issuer’s Quarterly Report on Form 10-K for the annual period ended November 29, 2020, filed with the Securities and Exchange Commission on January 27, 2021 (the “Form 10-K”); and (ii) 5,761,479 shares of Class B Common Stock beneficially owned by the Reporting Person. The aggregate number of shares of Class B Common Stock beneficially owned by the Reporting Person as set forth in Item 4(a) above are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person. | |
Each share of Class A Common Stock is entitled to one vote and each share of Class B Common Stock is entitled to ten votes. There were 320,730,620 shares of Class B Common Stock outstanding as of January 21, 2021, as reported in the Form 10-K, including the 5,761,479 shares of Class B common stock beneficially owned by the Reporting Person as set forth in Item 4(a) above. The percentage reported does not reflect the ten for one voting power of the Class B Common Stock because these shares are treated as converted into Class A Common Stock for the purpose of this report. |
| (c) | Number of shares as to which such person has: | |
| (i) | Sole power to vote or to direct the vote: 3,812,755 (See Item 4(a)(i) above*) | |
| (ii) | Shared power to vote or to direct the vote: 1,948,724 (See Item 4(a)(ii) above*) | |
| (iii) | Sole power to dispose or to direct the disposition of: 3,812,755 (See Item 4(a)(i) above*) | |
| (iv) | Shared power to dispose or to direct the disposition of: 1,948,724 (See Item 4(a)(ii) above*) | |
| Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable. | |
| 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. | Certifications. |
| Not applicable. |
| Page 4 of 5 |
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.
| Dated: February 16, 2021 | |
| /s/ Alison F. Geballe | |
| Alison F. Geballe |
| Page 5 of 5 |