Form 4 for LWAY Lifeway Foods, Inc.
Accepted 2022-07-13 00:00:00 ET · period of report 2021-04-29 · accession 0001683168-22-004932 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-07-13 | 2022-04-20 | LWAY | Feldman Amy M. | Sr. EVP of Sales | A - Grant | $0.00 | +17.2K | 23.6K | +270% | $0 |
| M | 2022-07-13 | 2021-04-29+ | LWAY | Feldman Amy M. | Sr. EVP of Sales | F - Tax | $5.84 | -3,316 | 18.9K | -15% | -$19.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, no par value | 2022-04-20 | A | A | 12,500 | $0.00 | 33,443 | D | — | — | (F5) Represents a time-based restricted stock award under the Company's 2021 equity incentive program pursuant to the Company's 2015 Omnibus Incentive Plan. Of such time-based restricted stock, 4,167 shares will be issued and vest immediately, 4,167 will vest on April 20, 2023 and 4,166 will vest on April 20, 2024, contingent on the Reporting Person's continued service on the vesting date. |
| 2 | Common | Common Stock, no par value | 2022-04-20 | F | D | 1,578 | $6.00 | 31,865 | D | — | — | (F6) No stock was sold. In connection with the grant of 12,500 shares of restricted stock under the Company's 2021 Long Term Incentive Program, the Company withheld a total of 1,578 shares to satisfy a payroll tax liability incident to the issuance of vested shares. |
| 3 | Common | Common Stock, no par value | 2022-04-20 | F | D | 2,687 | $6.00 | 20,943 | D | — | — | (F4) No stock was sold. In connection with the issuance of 7,078 shares of stock vested under the 2019 LTIP, the Company withheld a total of 2,687 shares to satisfy a payroll tax liability incident to such issuance. |
| 4 | Common | Common Stock, no par value | 2022-04-20 | A | A | 4,738 | $0.00 | 23,630 | D | — | — | (F3) Represents a grant of restricted stock earned under the Company's 2019 Long Term Incentive Program (the "2019 LTIP) for the 2021 performance period and issued pursuant to the Company's 2015 Omnibus Incentive Plan. All issued shares of restricted stock earned in the 2021 performance period vest immediately upon issuance. |
| 5 | Common | Common Stock, no par value | 2021-04-29 | F | A | 949 | $5.10 | 18,892 | D | — | — | (F1) No stock was sold. In connection with the grant of 4,680 shares of restricted stock earned under the 2019 LTIP for the 2019 and 2020 performance periods, the Company withheld a total of 949 shares to satisfy a payroll tax liability incident to the issuance of vested shares. (F2) Adjusted to reflect a correction to an inadvertent overstatement of 1,631 shares of common stock in Reporting Person's grant and beneficial ownership on his previously filed Form 4. |