Edward Smolyansky - Aug 17, 2023 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
10%+ Owner
Signature
/s/ Edward Smolyansky
Stock symbol
LWAY
Transactions as of
Aug 17, 2023
Transactions value $
$0
Form type
4
Date filed
10/30/2023, 09:24 PM
Previous filing
Oct 30, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Gift $0 -100K -7.5% $0.00 1.23M Aug 17, 2023 See footnote F1, F2
transaction LWAY Common Stock, no par value Gift $0 +100K $0.00 100K Aug 17, 2023 By son F1
holding LWAY Common Stock, no par value 1.28M Aug 17, 2023 Direct
holding LWAY Common Stock, no par value 500K Aug 17, 2023 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift by the Edward Smolyansky Trust 2/2/16 (the "Trust"), of which the reporting person is the trustee, to the reporting person's son. The reporting person disclaims beneficial ownership of the securities held by his son, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2 Beneficially held by the Trust.
F3 Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.