Edward Smolyansky - 24 Aug 2023 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
10%+ Owner
Signature
/s/ Edward Smolyansky
Issuer symbol
LWAY
Transactions as of
24 Aug 2023
Net transactions value
-$267,862
Form type
4
Filing time
25 Aug 2023, 15:21:43 UTC
Previous filing
23 Aug 2023
Next filing
03 Jan 2024
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 Sale $267,862 -24,329 -1.9% $11.01 1,275,110 24 Aug 2023 Direct F1
holding LWAY Common Stock, no par value 833,333 24 Aug 2023 See footnote F2
holding LWAY Common Stock, no par value 500,000 24 Aug 2023 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale price represents a weighted average price for shares sold in multiple transactions at prices ranging from $11.00 to $11.99 per share. The reporting person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission and any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Beneficially held by the Edward Smolyansky Trust 2/2/16, of which Edward Smolyansky is the trustee.
F3 Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.