Edward Smolyansky - 28 Mar 2023 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LWAY	Common Stock, no par value	Sale	$29,750	-5,000	-0.35%	$5.95	1,432,439	28 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$76,700	-13,000	-0.91%	$5.90	1,419,439	28 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$43,800	-7,300	-0.51%	$6.00	1,412,139	28 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$6,556	-1,100	-0.08%	$5.96	1,411,039	28 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$9,456	-1,600	-0.11%	$5.91	1,409,439	28 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$60,000	-10,000	-0.71%	$6.00	1,399,439	30 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$4,755	-786	-0.06%	$6.05	1,398,653	30 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$1,204	-200	-0.01%	$6.02	1,398,453	30 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$84.28	-14	-0%	$6.02	1,398,439	30 Mar 2023	Direct
transaction	LWAY	Common Stock, no par value	Sale	$24,045	-4,000	-0.29%	$6.01	1,394,439	30 Mar 2023	Direct
holding	LWAY	Common Stock, no par value						833,333	28 Mar 2023	See footnote	F1
holding	LWAY	Common Stock, no par value						500,000	28 Mar 2023	See footnote	F2

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

Id	Content
F1	Beneficially held by the Edward Smolyansky Trust 2/2/16, of which Edward Smolyansky is the trustee.
F2	Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.