Amy M. Feldman - Jun 16, 2023 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Sr. Exec. VP Sales
Signature
/s/ Eric Hanson, as attorney-in-fact
Stock symbol
LWAY
Transactions as of
Jun 16, 2023
Transactions value $
$0
Form type
4
Date filed
8/22/2023, 10:53 AM
Previous filing
Apr 27, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LWAY Common Stock, no par value 30.3K Jun 16, 2023 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 +5.77K $0.00 5.77K Jun 16, 2023 Common Stock 5.77K Direct F2
holding LWAY Restricted Stock Units 6.07K Jun 16, 2023 Common Stock 6.07K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes a time-based restricted stock award of which 4,166 shares will vest on April 20, 2024, contingent on the Reporting Person's continued service on the vesting date.
F2 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,922 will vest on June 16, 2024, 1,922 shares will vest on June 16, 2025 and 1,921 will vest on June 16, 2026, 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.