4//SEC Filing
Hanson Eric A 4
Accession 0001683168-25-001488
CIK 0000814586other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 2:13 PM ET
Size
11.5 KB
Accession
0001683168-25-001488
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock, no par value
2025-03-07+22,267→ 49,991 total - Tax Payment
Common Stock, no par value
2025-03-07$21.20/sh−9,769$207,103→ 40,222 total
Holdings
- 2,524
Restricted Stock Units
→ Common Stock (2,524 underlying) - 4,780
Restricted Stock Units
→ Common Stock (4,780 underlying) - 2,488
Restricted Stock Units
→ Common Stock (2,488 underlying)
Footnotes (6)
- [F1]On August 31, 2022, the Reporting Person was granted performance share units ("PSUs"), the vesting of which was subject to the achievement of certain 3-year cumulative revenue criteria and 3-year cumulative adjusted EBITDA criteria. In light of the performance based conditions of the award, the award was not reportable under Section 16 until the performance-based conditions were certified by the Issuer's Compensation Committee. Such certification occurred on March 7, 2025.
- [F2]PSUs convert into common stock on a one-for-one basis.
- [F3]No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
- [F4]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,263 will vest on January 10, 2026 and 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
- [F5]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,390 will vest on June 16, 2025 and 2,390 will vest on June 16, 2026, contingent on the Reporting Person's continued service on each applicable vesting date.
- [F6]Each restricted stock unit has a value equal to one share of common stock. The restricted stock units will vest on August 31, 2025, contingent on the Reporting Person's continued service on the vesting date.
Documents
Issuer
Lifeway Foods, Inc.
CIK 0000814586
Entity typeother
Related Parties
1- filerCIK 0001742145
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 2:13 PM ET
- Size
- 11.5 KB