McWhorter Dorri 4
4 · Lifeway Foods, Inc. · Filed Sep 5, 2023
Insider Transaction Report
Form 4
McWhorter Dorri
Director
Transactions
- Award
Restricted Stock Units
2023-08-31+4,652→ 4,652 total→ Common Stock (4,652 underlying) - Exercise/Conversion
Restricted Stock Units
2023-08-31−1,600→ 3,200 total→ Common Stock (1,600 underlying) - Exercise/Conversion
Common Stock, no par value
2023-08-31+1,600→ 18,278 total
Footnotes (3)
- [F1]Includes time-based restricted stock awards of which 1,758 shares will vest on August 12, 2024, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
- [F2]Each restricted stock unit ("RSU") has a value equal to one share of common stock. Of such restricted stock units, 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.
- [F3]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.