0001683168-22-004929.txt : 20220713
0001683168-22-004929.hdr.sgml : 20220713
20220713125115
ACCESSION NUMBER: 0001683168-22-004929
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210429
FILED AS OF DATE: 20220713
DATE AS OF CHANGE: 20220713
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hanson Eric A
CENTRAL INDEX KEY: 0001742145
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-17363
FILM NUMBER: 221080650
MAIL ADDRESS:
STREET 1: C/O LIFEWAY FOODS
STREET 2: 6431 OAKTON STREET
CITY: MORTON GROVE
STATE: IL
ZIP: 60053
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Lifeway Foods, Inc.
CENTRAL INDEX KEY: 0000814586
STANDARD INDUSTRIAL CLASSIFICATION: DAIRY PRODUCTS [2020]
IRS NUMBER: 363442829
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6431 W OAKTON
CITY: MORTON GROVE
STATE: IL
ZIP: 60053
BUSINESS PHONE: 847-967-1010
MAIL ADDRESS:
STREET 1: 6431 W OAKTON
CITY: MORTON GROVE
STATE: IL
ZIP: 60053
FORMER COMPANY:
FORMER CONFORMED NAME: LIFEWAY FOODS INC
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2021-04-29
0
0000814586
Lifeway Foods, Inc.
LWAY
0001742145
Hanson Eric A
C/O LIFEWAY FOODS, INC.
6431 OAKTON STREET
MORTON GROVE
IL
60053
0
1
0
0
Chief Fin and Acctg Officer
Common Stock, no par value
2021-04-29
4
F
0
2516
5.1
A
31615
D
Common Stock, no par value
2022-04-20
4
A
0
11846
0
A
43461
D
Common Stock, no par value
2022-04-20
4
F
0
6975
6.0
D
36486
D
Common Stock, no par value
2022-04-20
4
A
0
18958
0
A
55444
D
Common Stock, no par value
2022-04-20
4
F
0
2319
6.0
D
53125
D
No stock was sold. In connection with the grant of 11,702 shares of restricted stock earned under the 2019 LTIP for the 2019 and 2020 performance periods, the Company withheld a total of 2,516 shares to satisfy a payroll tax liability incident to the issuance of vested shares.
Adjusted to reflect a correction to an inadvertent overstatement of 4,077 shares of common stock in Reporting Person's grant and beneficial ownership on his previously filed Form 4.
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.
No stock was sold. In connection with the issuance of 16,680 shares of stock vested under the 2019 LTIP, the Company withheld a total of 6,975 shares to satisfy a payroll tax liability incident to such issuance.
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, 6,320 shares will be issued and vest immediately, and 6,319 will be issued on each of April 20, 2023 and April 20, 2024 and vest immediately upon issuance, contingent on the Reporting Person's continued service on the vesting date.
No stock was sold. In connection with the grant of 18,958 shares of restricted stock under the Company's 2021 Long Term Incentive Program, the Company withheld a total of 2,319 shares to satisfy a payroll tax liability incident to the issuance of vested shares.
/s/ Eric A. Hanson
2022-07-13