Robert M. Mauldin III - 31 Mar 2022 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
VP, Chief Marketing Officer
Signature
/s/Robert M. Mauldin III
Issuer symbol
CIA
Transactions as of
31 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Apr 2022, 15:27:15 UTC
Previous filing
01 Feb 2022
Next filing
19 Apr 2022
SEC
View on sec.gov

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 Options Exercise $0 +18,561 $0.000000 18,561 31 Mar 2022 Class A Common Stock 18,561 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F2 On March 31, 2022, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2023) and the second anniversary of the date of the grant (March 31, 2024) and the third anniversary of the date of the grant (March 31, 2025).