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

Role
Sr. Exec. VP Sales
Signature
/s/ Eric Hanson, as attorney-in-fact
Issuer symbol
LWAY
Transactions as of
16 Jun 2023
Net transactions value
$0
Form type
4
Filing time
22 Aug 2023, 10:53:40 UTC
Previous filing
27 Apr 2023
Next filing
05 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LWAY Common Stock, no par value 30,301 16 Jun 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 +5,765 $0.000000 5,765 16 Jun 2023 Common Stock 5,765 Direct F2
holding LWAY Restricted Stock Units 6,066 16 Jun 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 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.