SIKAR POL 4
4 · Lifeway Foods, Inc. · Filed Mar 29, 2024
Insider Transaction Report
Form 4
SIKAR POL
Director
Transactions
- Sale
Common Stock, no par value
2024-03-28$17.19/sh−10,000$171,900→ 23,707 total
Holdings
- 3,200
Restricted Stock Units
→ Common Stock (3,200 underlying) - 4,652
Restricted Stock Units
→ Common Stock (4,652 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.