Jerry Davis - Feb 3, 2023 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Director
Signature
/s/Sheryl Kinlaw, Attorney-in-Fact
Stock symbol
CIA
Transactions as of
Feb 3, 2023
Transactions value $
$7,901
Form type
4
Date filed
6/8/2023, 03:18 PM
Previous filing
Feb 9, 2023
Next filing
Sep 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.98K +673 +6.02% $2.94 11.9K Feb 3, 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.98K +661 +5.58% $2.99 12.5K Mar 3, 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.98K +558 +4.46% $3.55 13.1K Apr 3, 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.96K +1.11K +8.53% $1.76 14.2K May 5, 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +8.33K +58.74% 22.5K Jun 7, 2023 Direct F2

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 CIA Restricted Stock Units Award $0 +18.2K $0.00 18.2K Jun 6, 2023 Class A Common Stock 18.2K Direct F2, F3
transaction CIA Restricted Stock Units Options Exercise $0 -8.33K -100% $0.00* 0 Jun 7, 2023 Class A Common Stock 8.33K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
F2 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F3 On June 6, 2023, the reporting person was granted 18,182 restricted stock units, vesting on June 6, 2024.
F4 On June 7, 2022, the reporting person was granted 8,333 restricted stock units, vesting on June 7, 2023.