Eric A. Hanson - 31 Aug 2022 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role: CFO
Signature: /s/ Eric A. Hanson
Issuer symbol: LWAY
Transactions as of: 31 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Sep 2022, 15:39:11 UTC
Previous filing: 13 Jul 2022
Next filing: 27 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LWAY	Common Stock, no par value						53,125	31 Aug 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LWAY	Restricted Stock Units	Award	$0	+7,466		$0.000000	7,466	31 Aug 2022	Common Stock	7,466		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes a time-based restricted stock award of which 6,319 will vest on each of April 20, 2023 and April 20, 2024, contingent on the Reporting Person's continued service on each applicable vesting date.
F2	Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 2,489 will vest on August 31, 2023, 2,489 will vest on August 31, 2024 and 2,488 will vest on August 31, 2025, contingent on the Reporting Person's continued service on each applicable vesting date.