4//SEC Filing
SMOLYANSKY JULIE 4
Accession 0001683168-25-001490
CIK 0000814586other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 2:14 PM ET
Size
15.9 KB
Accession
0001683168-25-001490
Insider Transaction Report
Form 4
SMOLYANSKY JULIE
DirectorPresident and CEO
Transactions
- Award
Common Stock, no par value
2025-03-07+119,292→ 2,235,225 total - Tax Payment
Common Stock, no par value
2025-03-07$21.20/sh−52,742$1,118,130→ 2,182,483 total
Holdings
- 22,216(indirect: See footnote)
Common Stock, no par value
- 5,122(indirect: See footnote)
Common Stock, no par value
- 970(indirect: See footnote)
Restricted Stock Units
→ Common Stock (970 underlying) - 500,000(indirect: See footnote)
Common Stock, no par value
- 12,138
Restricted Stock Units
→ Common Stock (12,138 underlying) - 24,224
Restricted Stock Units
→ Common Stock (24,224 underlying) - 13,334
Restricted Stock Units
→ Common Stock (13,334 underlying)
Footnotes (10)
- [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.
- [F10]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 486 will vest on January 10, 2026 and 484 will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date. The grant of these restricted stock units to the Reporting Person's spouse was inadvertently omitted from prior reports.
- [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]Held for the benefit of minor children.
- [F5]Held by the Reporting Person's spouse.
- [F6]Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- [F7]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 6,070 will vest on January 10, 2026 and 6,068 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
- [F8]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 12,113 will vest on June 16, 2025 and 12,111 will vest on June 16, 2026, contingent on the Reporting Person's continued service on each applicable vesting date.
- [F9]Each restricted stock unit has a value equal to one share of common stock. The remaining 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 0001227846
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 2:14 PM ET
- Size
- 15.9 KB