REILLY JENNIFER 4
4 · LIFEWAY FOODS INC · Filed Mar 30, 2018
Insider Transaction Report
Form 4
REILLY JENNIFER
Sr Exec V. President of Sales
Transactions
- Award
Common Stock, no par value
2018-03-28+11,589→ 11,589 total - Tax Payment
Common Stock, no par value
2018-03-28$6.04/sh−1,485$8,969→ 10,104 total
Holdings
- 5,000
Stock option (Right to buy)
Exercise: $9.57Exp: 2026-07-01→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Represents a time-based restricted stock award pursuant to the Company's 2015 Omnibus Incentive Plan. Of such time-based restricted stock, 3,863 shares vested on March 28, 2018; 3,863 will vest on February 14, 2019; and 3,863 will vest on February 14, 2020, contingent on the Reporting Person's continued service on each applicable vesting date.
- [F2]No stock was sold. In connection with the vesting of 3,863 shares of stock, the Company withheld a total of 1,485 shares to satisfy a payroll tax liability incident to such vesting.
- [F3]Of such options, 4,800 are vested, 100 will vest on July 1, 2018 and 100 will vest on July 1, 2019.