SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event Reported): September 15, 2005
LEVI STRAUSS & CO.
(Exact name of registrant as specified in its charter)
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| DELAWARE | | 002-90139 | | 94-0905160 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1155 BATTERY STREET
SAN FRANCISCO, CALIFORNIA 94111
(Address of principal executive offices, including zip code)
(415) 501-6000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):
| ¨ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| ITEM 1.01 | Entry into a Material Definitive Agreement. |
On September 15, 2005, we granted a one-time incentive award to John Goodman, president and general manager of our U.S. Dockers® Commercial Business Unit. The award has a target value of $375,000, with the actual amount to be determined based on the achievement by the company of specified cumulative financial performance goals during our 2005 and 2006 fiscal years. The award will be paid out in February 2007, subject to Mr. Goodman’s continued employment with us through the end of our 2006 fiscal year.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | | | LEVI STRAUSS & CO. |
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DATE: September 21, 2005 | | | | By: | | /s/ Gary W. Grellman |
| | | | | | | Name: | | Gary W. Grellman |
| | | | | | | Title: | | Vice President, Controller |
