POL SIKAR - 12 Aug 2021 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Director
Signature
/s/ Pol Sikar
Issuer symbol
LWAY
Transactions as of
12 Aug 2021
Net transactions value
$0
Form type
4
Filing time
23 Jun 2022, 10:17:28 UTC
Next filing
06 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Award $0 +5,272 +18% $0.000000 34,607 12 Aug 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a time-based restricted stock award. Of such time-based restricted stock, 1,757 of the shares will vest on August 12, 2022, 1,757 will vest on August 12, 2023 and 1,758 will vest on August 12, 2024, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F2 Includes a time-based restricted stock award of which 3,802 shares will vest on July 15, 2022; and 3,802 shares will vest on July 15, 2023, in each case contingent on the Reporting Person's continued service as a Director on each applicable vesting date.