POL SIKAR - 31 Aug 2022 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role: Director
Signature: /s/ Pol Sikar
Issuer symbol: LWAY
Transactions as of: 31 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Sep 2022, 20:54:08 UTC
Previous filing: 23 Jun 2022
Next filing: 05 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LWAY	Common Stock, no par value						34,607	31 Aug 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LWAY	Restricted Stock Units	Award	$0	+4,800		$0.000000	4,800	31 Aug 2022	Common Stock	4,800		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes time-based restricted stock awards of which 3,802 shares will vest on July 15, 2023, 1,757 shares will vest on August 12, 2023 and 1,758 shares will vest on August 12, 2024, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F2	Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,600 will vest on each of August 31, 2023, 2024 and 2025, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.