L. Kinlaw - Mar 31, 2022 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Chief Legal Officer
Signature
/s/ Sheryl Kinlaw, Chief Legal Officer
Stock symbol
CIA
Transactions as of
Mar 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 03:31 PM
Previous filing
Mar 31, 2022
Next filing
Jul 5, 2022

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 Citizens, Inc. Class A Common Stock Options Exercise $0 +9.51K $0.00 9.51K Mar 31, 2022 Citizens, Inc. Class A Common Stock 9.51K 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).