Amy M. Feldman - 31 Aug 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
31 Aug 2024
Net transactions value
-$15,382
Form type
4
Filing time
04 Sep 2024, 19:17:27 UTC
Previous filing
20 Aug 2024
Next filing
14 Jan 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 +2,022 $0.000000 2,022 31 Aug 2024 Direct
transaction LWAY Common Stock, no par value Tax liability $15,382 -802 -40% $19.18 1,221 31 Aug 2024 Direct F1
holding LWAY Common Stock, no par value 1,804 31 Aug 2024 By Amy Feldman 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
transaction LWAY Restricted Stock Units Options Exercise $0 -2,022 -50% $0.000000 2,022 31 Aug 2024 Common Stock 2,022 Direct F4
holding LWAY Restricted Stock Units 3,016 31 Aug 2024 Common Stock 3,016 Direct F2
holding LWAY Restricted Stock Units 3,843 31 Aug 2024 Common Stock 3,843 Direct F3
* 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. The remaining restricted stock units will vest on August 31, 2025, contingent on the Reporting Person's continued service on the vesting date.