Amy M. Feldman - Apr 20, 2024 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Sr. Exec VP of Sales
Signature
/s/ Eric Hanson, as attorney-in-fact
Stock symbol
LWAY
Transactions as of
Apr 20, 2024
Transactions value $
-$33,989
Form type
4
Date filed
4/23/2024, 03:01 PM
Previous filing
Feb 14, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common stock, no par value Tax liability -$34K -1.75K -5.55% $19.40 29.8K Apr 20, 2024 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
holding LWAY Restricted Stock Units 3.02K Apr 20, 2024 Common Stock 3.02K Direct F2
holding LWAY Restricted Stock Units 5.77K Apr 20, 2024 Common Stock 5.77K Direct F3
holding LWAY Restricted Stock Units 4.04K Apr 20, 2024 Common Stock 4.04K Direct F4
* 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 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,006 will vest on January 10, 2025, 1,006 will vest on January 10, 2026 and 1,004 will vest on January 10, 2027, 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, 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.
F4 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,022 shares will vest on each of August 31, 2024 and 2025, contingent on the Reporting Person's continued service on each applicable vesting date.