Julie Smolyansky - 28 Mar 2025 Form 4/A - Amendment 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: 28 Mar 2025
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 02 Apr 2025, 18:14:51 UTC
Date Of Original Report: 01 Apr 2025
Previous filing: 11 Mar 2025
Next filing: 20 May 2025
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						2,182,483	28 Mar 2025	Direct
holding	LWAY	Common Stock, no par value						22,216	28 Mar 2025	See footnote	F1
holding	LWAY	Common Stock, no par value						5,122	28 Mar 2025	See footnote	F2
holding	LWAY	Common Stock, no par value						500,000	28 Mar 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	Award		+10,191			10,191	28 Mar 2025	Common Stock	10,191		Direct	F7
transaction	LWAY	Restricted Stock Units	Award		+1,019			1,019	28 Mar 2025	Common Stock	1,019		See footnote	F2, F9
holding	LWAY	Restricted Stock Units						12,138	28 Mar 2025	Common Stock	12,138		Direct	F4
holding	LWAY	Restricted Stock Units						24,224	28 Mar 2025	Common Stock	24,224		Direct	F5
holding	LWAY	Restricted Stock Units						13,334	28 Mar 2025	Common Stock	13,334		Direct	F6
holding	LWAY	Restricted Stock Units						970	28 Mar 2025	Common Stock	970		See footnote	F2, F8

* 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, 3,397 will vest on March 28, 2026, 3,397 will vest on March 28, 2027, and 3,397 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
F8	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.
F9	Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 340 will vest on March 28, 2026, 340 will vest on March 28, 2027, and 339 will vest on March 28, 2028, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.