4//SEC Filing
SCHER JASON SCOTT 4
Accession 0001683168-24-006949
CIK 0000814586other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 5:56 PM ET
Size
10.7 KB
Accession
0001683168-24-006949
Insider Transaction Report
Form 4
SCHER JASON SCOTT
Director
Transactions
- Award
Phantom Stock
2024-09-30+878→ 70,269 total→ Common Stock (878 underlying)
Holdings
- 24,567
Common Stock, no par value
- 3,101
Restricted Stock Units
→ Common Stock (3,101 underlying) - 4,066
Restricted Stock Units
→ Common Stock (4,066 underlying) - 1,600
Restricted Stock Units
→ Common Stock (1,600 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") has a value equal to one share of common stock. The remaining RSUs will vest on August 31, 2025, contingent on the Reporting Person's continued service as a Director on the vesting date.
- [F2]Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 will vest on August 31, 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.
- [F3]Each RSU has a value equal to one share of common stock. Of such RSUs, 1,356 will vest on each of July 1, 2025 and 2026 and 1,354 will vest on July 1, 2027, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
- [F4]Each share of phantom stock represents a right to receive one share of common stock. Such shares of phantom stock were acquired upon deferral of the Reporting Person's cash compensation for service on the Board of Directors in the quarter ended September 30, 2024. The phantom stock becomes payable on the date that the Reporting Person no longer serves as a director of the Company.
Documents
Issuer
Lifeway Foods, Inc.
CIK 0000814586
Entity typeother
Related Parties
1- filerCIK 0001554866
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 5:56 PM ET
- Size
- 10.7 KB