Waldron John P 4
4 · LIFEWAY FOODS INC · Filed Mar 30, 2018
Insider Transaction Report
Form 4
Waldron John P
Chief Financial officer
Transactions
- Award
Common Stock, no par value
2018-03-28+6,622→ 6,622 total - Tax Payment
Common Stock, no par value
2018-03-28$6.04/sh−575$3,473→ 6,047 total
Holdings
- 6,000
Stock option (Right to buy)
Exercise: $11.10Exp: 2026-01-01→ Common Stock (6,000 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, 2,208 shares vested on March 28, 2018; 2,207 will vest on March 16, 2019; and 2,207 will vest on March 16, 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 2,208 shares of stock, the Company withheld a total of 575 shares to satisfy a payroll tax liability incident to such vesting.
- [F3]Of such options, 3,000 are vested; 1,000 will vest on January 1, 2019; 1,000 will vest on January 1, 2020; and 1,000 will vest on January 1, 2021.