James Keith Morgan - Jun 6, 2023 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Director
Signature
/s/Sheryl Kinlaw, Attorney-in-Fact
Stock symbol
CIA
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 03:13 PM
Previous filing
Nov 14, 2022
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +8.33K +26.34% 40K Jun 7, 2023 Direct F1

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 F1, F2
transaction CIA Restricted Stock Units Options Exercise $0 -8.33K -100% $0.00* 0 Jun 7, 2023 Class A Common Stock 8.33K Direct F1, F3
* 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 June 6, 2023, the reporting person was granted 18,182 restricted stock units, vesting on June 6, 2024.
F3 On June 7, 2022, the reporting person was granted 8,333 restricted stock units, vesting on June 7, 2023.