Amy M. Feldman - 20 Apr 2023 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Sr. Exec VP of Sales
Signature
/s/ Eric Hanson, as attorney-in-fact
Issuer symbol
LWAY
Transactions as of
20 Apr 2023
Net transactions value
-$9,556
Form type
4
Filing time
27 Apr 2023, 20:56:00 UTC
Previous filing
02 Sep 2022
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock no par value Tax liability $9,556 -1,564 -4.9% $6.11 30,301 20 Apr 2023 Direct F1, 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 6,066 20 Apr 2023 Common Stock 6,066 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2 Includes a time-based restricted stock award of which 4,166 will vest on April 20, 2024, contingent on the Reporting Person's continued service on each applicable vesting date.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,022 will vest on August 31, 2023, 2,022 shares will vest on August 31, 2024 and 2,022 will vest on August 31, 2025, contingent on the Reporting Person's continued service on each applicable vesting date.

Remarks:

EX-24. Power of Attorney, dated as of January 13, 2023.