POL SIKAR - 31 Aug 2024 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Director
Signature
/s/ Eric Hanson, as attorney-in-fact
Issuer symbol
LWAY
Transactions as of
31 Aug 2024
Net transactions value
$0
Form type
4
Filing time
04 Sep 2024, 18:12:54 UTC
Previous filing
05 Jul 2024
Next filing
22 May 2025
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 +3,151 +13% $0.000000 26,858 31 Aug 2024 Direct

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 -1,600 -50% $0.000000 1,600 31 Aug 2024 Common Stock 1,600 Direct F1
transaction LWAY Restricted Stock Units Options Exercise $0 -1,551 -33% $0.000000 3,101 31 Aug 2024 Common Stock 1,551 Direct F2
holding LWAY Restricted Stock Units 4,066 31 Aug 2024 Common Stock 4,066 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") has a value equal to one share of common stock. The remaining RSUs will vest on August 31, 2025, contingent on the Reporting Person's continued service as a Director on the vesting date.
F2 Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 will vest on August 31, 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.
F3 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.

Remarks:

EX-24. Power of Attorney, dated as of July 8, 2024.