SIKAR POL 4
4 · Lifeway Foods, Inc. · Filed Sep 5, 2023
Insider Transaction Report
Form 4
SIKAR POL
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-08-31−1,600→ 3,200 total→ Common Stock (1,600 underlying) - Gift
Common Stock, no par value
2023-08-23−2,500→ 32,107 total - Exercise/Conversion
Common Stock, no par value
2023-08-31+1,600→ 33,707 total - Award
Restricted Stock Units
2023-08-31+4,652→ 4,652 total→ Common Stock (4,652 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [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.