Filing Details

Accession Number:
0001683168-24-001889
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-29 16:41:57
Reporting Period:
2024-03-28
Accepted Time:
2024-03-29 16:41:57
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
1288051 Pol Sikar C/O Lifeway Foods, Inc.
6431 Oakton Street
Morton Grove IL 60053
Yes No 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 2024-03-28 10,000 $17.19 23,707 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 3,200 3,200 Direct
Common Stock Restricted Stock Units $0.00 4,652 4,652 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,200 3,200 Direct
4,652 4,652 Direct
Footnotes
  1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.12 to $17.38 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 1,758 time-based restricted stock awards all of which will vest on August 12, 2024, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
  3. Each restricted stock unit ("RSU") has a value equal to one share of common stock. Of such RSUs, 1,600 will vest on each of August 31, 2024 and 2025, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
  4. Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 will vest on each of August 31, 2024 and 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.