Julie Smolyansky - 10 Jan 2025 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
CEO, President and Secretary, Director, 10%+ Owner
Signature
/s/ Julie Smolyansky
Issuer symbol
LWAY
Transactions as of
10 Jan 2025
Net transactions value
$0
Form type
4
Filing time
14 Jan 2025, 17:00:07 UTC
Previous filing
23 Dec 2024
Next filing
11 Mar 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 +6,070 +0.29% $0.000000 2,115,933 10 Jan 2025 Direct
transaction LWAY Common Stock, no par value Options Exercise $0 +486 +10% $0.000000 5,122 10 Jan 2025 See footnote F2
holding LWAY Common Stock, no par value 22,216 10 Jan 2025 See footnote F1
holding LWAY Common Stock, no par value 500,000 10 Jan 2025 See footnote F3

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 -6,070 -33% $0.000000 12,138 10 Jan 2025 Common Stock 6,070 Direct F4
transaction LWAY Restricted Stock Units Options Exercise $0 -486 -33% $0.000000 970 10 Jan 2025 Common Stock 486 See footnote F2, F7
holding LWAY Restricted Stock Units 24,224 10 Jan 2025 Common Stock 24,224 Direct F5
holding LWAY Restricted Stock Units 13,334 10 Jan 2025 Common Stock 13,334 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held for the benefit of minor children.
F2 Held by the Reporting Person's spouse.
F3 Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F4 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 6,070 will vest on January 10, 2026 and 6,068 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
F5 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 12,113 will vest on June 16, 2025 and 12,111 will vest on June 16, 2026, contingent on the Reporting Person's continued service on each applicable vesting date.
F6 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.
F7 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 486 will vest on January 10, 2026 and 484 will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date. The grant of these restricted stock units to the Reporting Person's spouse was inadvertently omitted from prior reports.