Amy M. Feldman - 16 Jun 2024 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Sr. Exec VP of Sales
Signature
/s/ Eric Hanson, as attorney-in-fact
Issuer symbol
LWAY
Transactions as of
16 Jun 2024
Net transactions value
-$8,570
Form type
4
Filing time
18 Jun 2024, 15:17:16 UTC
Previous filing
23 Apr 2024
Next filing
20 Aug 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 Options Exercise $0 +1,922 +6.4% $0.000000 31,755 16 Jun 2024 Direct
transaction LWAY Common Stock, no par value Tax liability $8,570 -703 -2.2% $12.19 31,052 16 Jun 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
transaction LWAY Restricted Stock Units Options Exercise $0 -1,922 -33% $0.000000 3,843 16 Jun 2024 Common Stock 1,922 Direct F3
holding LWAY Restricted Stock Units 3,016 16 Jun 2024 Common Stock 3,016 Direct F2
holding LWAY Restricted Stock Units 4,044 16 Jun 2024 Common Stock 4,044 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 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.