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

Signature
/s/ Eric Hanson, as attorney-in-fact
Issuer symbol
LWAY
Transactions as of
16 Aug 2024
Net transactions value
-$240,451
Form type
4
Filing time
20 Aug 2024, 10:05:56 UTC
Previous filing
18 Jun 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Sale $162,888 -8,790 -28% $18.53 22,262 16 Aug 2024 By Trust F1
transaction LWAY Common Stock, no par value Sale $9,869 -536 -2.4% $18.41 21,726 16 Aug 2024 By Trust
transaction LWAY Common Stock, no par value Sale $9,329 -501 -2.3% $18.62 21,225 16 Aug 2024 By Trust
transaction LWAY Common Stock, no par value Sale $13,649 -733 -3.5% $18.62 20,492 16 Aug 2024 By Trust
transaction LWAY Common Stock, no par value Sale $27,326 -1,462 -7.1% $18.69 19,030 16 Aug 2024 By Trust
transaction LWAY Common Stock, no par value Sale $9,386 -500 -2.6% $18.77 18,530 16 Aug 2024 By Trust
transaction LWAY Common Stock, no par value Sale $8,005 -426 -2.3% $18.79 18,104 16 Aug 2024 By Trust

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 3,016 16 Aug 2024 Common Stock 3,016 Direct F2
holding LWAY Restricted Stock Units 3,843 16 Aug 2024 Common Stock 3,843 Direct F3
holding LWAY Restricted Stock Units 4,044 16 Aug 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 All shares previously owned directly by the Reporting Person were contributed to the Amy Feldman Trust of which Reporting Person is the sole trustee.
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.