POL SIKAR - 01 Jul 2024 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Director
Signature
/s/ Pol Sikar
Issuer symbol
LWAY
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
4
Filing time
05 Jul 2024, 12:38:34 UTC
Previous filing
29 Mar 2024
Next filing
04 Sep 2024
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 23,707 01 Jul 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 Award $0 +4,066 $0.000000 4,066 01 Jul 2024 Common Stock 4,066 Direct F4
holding LWAY Restricted Stock Units 3,200 01 Jul 2024 Common Stock 3,200 Direct F2
holding LWAY Restricted Stock Units 4,652 01 Jul 2024 Common Stock 4,652 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,758 time-based restricted stock awards all of which will vest on August 12, 2024, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F2 Each restricted stock unit ("RSU") has a value equal to one share of common stock. Of such RSUs, 1,600 will vest on each of August 31, 2024 and 2025, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F3 Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 will vest on each of August 31, 2024 and 2025 and 1,550 will vest on August 31, 2026, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F4 Each RSU has a value equal to one share of common stock. Of such RSUs, 1,356 will vest on each of July 1, 2025 and 2026 and 1,354 will vest on July 1, 2027, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.