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

Role
Director, 10%+ Owner
Signature
/s/ Ludmila Smolyansky
Stock symbol
LWAY
Transactions as of
Nov 30, 2022
Transactions value $
-$199,939
Form type
4
Date filed
12/2/2022, 04:47 PM
Previous filing
Nov 9, 2022
Next filing
Dec 6, 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 2.46M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$606 -92 0% $6.59 2.46M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$32.3K -4.81K -0.2% $6.71 2.46M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$33K -5K -0.2% $6.60 2.45M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$651 -100 0% $6.51 2.45M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$16.1K -2.5K -0.1% $6.44 2.45M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$650 -100 0% $6.50 2.45M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$14.8K -2.3K -0.09% $6.45 2.45M Nov 30, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$1.47K -212 -0.01% $6.94 2.45M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$771 -111 0% $6.95 2.45M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$3.66K -530 -0.02% $6.91 2.45M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$34.4K -5.01K -0.2% $6.87 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$28 -4 0% $6.90 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$218 -32 0% $6.80 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$676 -100 0% $6.76 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$1.35K -200 -0.01% $6.77 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$668 -97 0% $6.89 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$18.5K -2.7K -0.11% $6.86 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$3.33K -500 -0.02% $6.65 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$10.9K -1.65K -0.07% $6.63 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$1.06K -160 -0.01% $6.64 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$3.84K -584 -0.02% $6.58 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$238 -36 0% $6.60 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$653 -100 0% $6.53 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$1.13K -172 -0.01% $6.55 2.44M Dec 1, 2022 See Footnote F1
transaction LWAY Common Stock, no par value Disposed to Issuer -$18.2K -2.8K -0.11% $6.49 2.43M Dec 1, 2022 See Footnote F1
holding LWAY Common Stock, no par value 27.3K Nov 30, 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 4.8K Nov 30, 2022 Common Stock 4.8K 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.