Rebecca Johnson - Jan 19, 2023 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role: Vice President/Controller
Signature: /s/ Rebecca L. Johnson
Stock symbol: CZWI
Transactions as of: Jan 19, 2023
Transactions value $: $12,360
Form type: 4
Date filed: 1/23/2023, 03:18 PM
Previous filing: Jan 31, 2022
Next filing: Jan 31, 2023

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	Award	$12.4K	+1K	+22.05%	$12.36	5.54K	Jan 19, 2023	Direct	F1
holding	CZWI	Common Stock, par value $0.01 per share						12.8K	Jan 19, 2023	By 401(k) Plan	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
holding	CZWI	Common Stock Option (right to buy)						2K	Jan 19, 2023	Common Stock	2K	$9.62	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted shares of Common Stock awarded under the Company's 2018 Equity Incentive Plan, which shares vest equally over two years on each of January 19, 2024 and January 19, 2025.
F2	Represents shares held under the Citizens Community Federal 401(k) Profit Sharing Plan.
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 14, 2017, June 14, 2018, June 14, 2019, June 14, 2020 and June 14, 2021.