Form 4 for LWAY Lifeway Foods, Inc.
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-17 · accession 0001683168-24-003767 · 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 | 2024-05-21 | 2024-05-17+ | LWAY | SMOLYANSKY JULIE | CEO, Pres, Sec, Dir, 10% | S - Sale | $18.02 | -30.1K | 2.10M | -1% | -$542.5K |
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 | 2024-05-20 | S | D | 10,105 | $17.26 | 2,084,417 | D | — | — | (F1) Includes an award of 334,630 shares of restricted stock which are issuable upon receipt by the Company of consent and agreement by DanoneWave PBC ("Danone") that such issuance will not constitute a breach of violation of or constitute "New Securities" under that certain Stockholders' Agreement, dated as of October 1, 1999, by and among the Corporation, Danone, Michael Smolyansky and the other stockholders of the Corporation listed therein, as amended by that certain letter agreement dated September 24, 1999 and as further amended from time to time (the "Stockholders' Agreement"). |
| 2 | Common | Common Stock, no par value | 2024-05-17 | S | D | 10,000 | $18.44 | 2,094,522 | D | — | — | (F1) Includes an award of 334,630 shares of restricted stock which are issuable upon receipt by the Company of consent and agreement by DanoneWave PBC ("Danone") that such issuance will not constitute a breach of violation of or constitute "New Securities" under that certain Stockholders' Agreement, dated as of October 1, 1999, by and among the Corporation, Danone, Michael Smolyansky and the other stockholders of the Corporation listed therein, as amended by that certain letter agreement dated September 24, 1999 and as further amended from time to time (the "Stockholders' Agreement"). |
| 3 | Common | Common Stock, no par value | 2024-05-17 | S | D | 10,000 | $18.37 | 2,104,522 | D | — | — | (F2) The number of securities shown reflects a correction of an inadvertent error in the Reporting Person's previous Form 4. (F1) Includes an award of 334,630 shares of restricted stock which are issuable upon receipt by the Company of consent and agreement by DanoneWave PBC ("Danone") that such issuance will not constitute a breach of violation of or constitute "New Securities" under that certain Stockholders' Agreement, dated as of October 1, 1999, by and among the Corporation, Danone, Michael Smolyansky and the other stockholders of the Corporation listed therein, as amended by that certain letter agreement dated September 24, 1999 and as further amended from time to time (the "Stockholders' Agreement"). |