Ludmila Smolyansky - 30 Nov 2022 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Signature
/s/ Ludmila Smolyansky
Issuer symbol
LWAY
Transactions as of
30 Nov 2022
Net transactions value
-$199,939
Form type
4
Filing time
02 Dec 2022, 16:47:48 UTC
Previous filing
09 Nov 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Disposed to Issuer $673 -100 -0% $6.73 2,463,520 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $606 -92 -0% $6.59 2,463,428 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $32,262 -4,808 -0.2% $6.71 2,458,620 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $33,000 -5,000 -0.2% $6.60 2,453,620 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $651 -100 -0% $6.51 2,453,520 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $16,100 -2,500 -0.1% $6.44 2,451,020 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $650 -100 -0% $6.50 2,450,920 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $14,835 -2,300 -0.09% $6.45 2,448,620 30 Nov 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $1,471 -212 -0.01% $6.94 2,448,408 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $771 -111 -0% $6.95 2,448,297 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $3,662 -530 -0.02% $6.91 2,447,767 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $34,446 -5,014 -0.2% $6.87 2,442,753 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $27.6 -4 -0% $6.90 2,442,749 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $218 -32 -0% $6.80 2,442,717 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $676 -100 -0% $6.76 2,442,617 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $1,354 -200 -0.01% $6.77 2,442,417 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $668 -97 -0% $6.89 2,442,320 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $18,522 -2,700 -0.11% $6.86 2,439,620 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $3,325 -500 -0.02% $6.65 2,439,120 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $10,926 -1,648 -0.07% $6.63 2,437,472 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $1,062 -160 -0.01% $6.64 2,437,312 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $3,843 -584 -0.02% $6.58 2,436,728 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $238 -36 -0% $6.60 2,436,692 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $653 -100 -0% $6.53 2,436,592 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $1,127 -172 -0.01% $6.55 2,436,420 01 Dec 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer $18,172 -2,800 -0.11% $6.49 2,433,620 01 Dec 2022 See Footnote F1
holding LWAY Common Stock, no par value 27,343 30 Nov 2022 See Footnote F2

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
holding LWAY Restricted Stock Units 4,800 30 Nov 2022 Common Stock 4,800 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by the Ludmila Smolyansky Trust 2/1/05, of which Ludmila Smolyansky is the trustee.
F2 Held by The Smolyansky Family Foundation, of which Ludmila Smolyansky is the trustee.
F3 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. The issuance of shares upon vesting of the restricted stock units is dependent on receipt by the Company of consent and agreement by DanoneWave PBC ("Danone") that such issuance will not constitute a breach of violation of or constitute "New Securities" under that certain Stockholders' Agreement, dated as of October 1, 1999, by and among the Corporation, Danone, Michael Smolyansky and the other stockholders of the Corporation listed therein, as amended by that certain letter agreement dated September 24, 1999 and as further amended from time to time.