4//SEC Filing
SCHER JASON SCOTT 4
Accession 0001683168-25-007385
CIK 0000814586other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:15 PM ET
Size
11.5 KB
Accession
0001683168-25-007385
Insider Transaction Report
Form 4
SCHER JASON SCOTT
Director
Transactions
- Award
Phantom Stock
2025-09-30+955→ 75,352 total→ Common Stock (955 underlying)
Holdings
- 1,600
Restricted Stock Units
→ Common Stock (1,600 underlying) - 2,710
Restricted Stock Units
→ Common Stock (2,710 underlying) - 3,101
Restricted Stock Units
→ Common Stock (3,101 underlying) - 1
Common Stock, no par value
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") has a value equal to one share of common stock. These RSUs vested on August 31, 2025 but settlement has been deferred (the "Deferred RSUs") pursuant to the Company's Non-Employee Director Equity and Deferred Compensation Plan (the "Director Plan"). The Deferred RSUs become payable on the date that the Reporting Person no longer serves as a director of the Company.
- [F2]Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 vested on August 31, 2025 (the "Vested RSUs") 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. The settlement of the Vested RSUs has been deferred pursuant to the Director Plan. The Vested RSUs become payable on the date that the Reporting Person no longer serves as director of the Company.
- [F3]Each RSU has a value equal to one share of common stock. Of such RSUs, 1,356 will vest on July 1, 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. The phantom stock becomes payable on the date that the Reporting Person no longer serves as a director of the Company.
- [F5]The acquired 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, 2025 stock pursuant to the Company's Non-Employee Director Equity and Deferred Compensation Plan (the "Director Plan").
Documents
Issuer
Lifeway Foods, Inc.
CIK 0000814586
Entity typeother
Related Parties
1- filerCIK 0001554866
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:15 PM ET
- Size
- 11.5 KB