Filing Details

Accession Number:
0001683168-24-001790
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-28 11:25:19
Reporting Period:
2024-03-27
Accepted Time:
2024-03-28 11:25:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
814586 Lifeway Foods Inc. LWAY Dairy Products (2020) 363442829
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1742145 A Eric Hanson C/O Lifeway Foods, Inc.
6431 Oakton Street
Morton Grove IL 60053
Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Disposition 2024-03-27 20,000 $19.15 32,297 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 3,787 3,787 Direct
Common Stock Restricted Stock Units $0.00 7,170 7,170 Direct
Common Stock Restricted Stock Units $0.00 4,977 4,977 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,787 3,787 Direct
7,170 7,170 Direct
4,977 4,977 Direct
Footnotes
  1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.90 to $19.51 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Includes a time-based restricted stock award of which 6,319 will vest on April 20, 2024, contingent on the Reporting Person's continued service on the vesting date.
  3. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,263 will vest on January 10, 2025, 1,263 will vest on January 10, 2026 and 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
  4. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,390 will vest on June 16, 2024, 2,390 will vest on June 16, 2025 and 2,390 will vest on June 16, 2026, contingent on the Reporting Person's continued service on each applicable vesting date.
  5. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,489 will vest on August 31, 2024 and 2,488 will vest on August 31, 2025, contingent on the Reporting Person's continued service on each applicable vesting date.