SEC Form 4 · accession 0001072613-16-000902
Lifeway Foods, Inc. · LWAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Smolyansky
Officer — COO, Treasurer & Secretary
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 5:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000814586
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, no par value | holding | — | — | — | 261,515 | D | ||
| Common stock, no par valueF1 | holding | — | — | — | 500,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | $0.00 | Aug 17, 2016 | A | 9,407 | A | — | Aug 17, 2017 | Common Stock | 9,407 | 9,407 | D |
Explanation of responses
- F1The reporting person is the beneficial owner of 50% of Smolyansky Holding LLC and disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- F2The performance-based shares vest one year from the vesting commencement date of August 17, 2016, subject to the individual continuing to provide services to the company through the vesting date.