Stephen M. Bianchi - May 5, 2021 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role
CEO and President, Director
Signature
/s/ Rebecca L. Johnson, Attorney-in-fact
Stock symbol
CZWI
Transactions as of
May 5, 2021
Transactions value $
$19,560
Form type
4
Date filed
5/7/2021, 04:35 PM
Next filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZWI Common Stock, par value $0.01 per share Purchase $13.1K +1K +2.49% $13.06 41.1K May 5, 2021 By IRA F1, F2
transaction CZWI Common Stock, par value $0.01 per share Purchase $6.5K +500 +1.22% $13.00 41.6K May 6, 2021 By IRA F2
holding CZWI Common Stock, par value $0.01 per share 50.9K May 5, 2021 Direct

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
holding CZWI Common Stock Option (right to buy) 20K May 5, 2021 Common Stock 20K $11.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.03 to $13.08, inclusive. The reporting person undertakes to provide the SEC staff, Citizens Community Bancorp, Inc., or any security holder of Citizens Community Bancorp, Inc., upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 These shares are held in the reporting person's self-directed IRA.
F3 The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of June 24, 2017, June 24, 2018, June 24, 2019, June 24, 2020 and June 24, 2021.