Jerry Davis - 03 Feb 2023 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Director
Signature
/s/Sheryl Kinlaw, Attorney-in-Fact
Issuer symbol
CIA
Transactions as of
03 Feb 2023
Net transactions value
+$7,901
Form type
4
Filing time
08 Jun 2023, 15:18:44 UTC
Previous filing
09 Feb 2023
Next filing
29 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,980 +673 +6% $2.94 11,852 03 Feb 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,977 +661 +5.6% $2.99 12,513 03 Mar 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,982 +558 +4.5% $3.55 13,072 03 Apr 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,962 +1,115 +8.5% $1.76 14,186 05 May 2023 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +8,333 +59% 22,519 07 Jun 2023 Direct 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
transaction CIA Restricted Stock Units Award $0 +18,182 $0.000000 18,182 06 Jun 2023 Class A Common Stock 18,182 Direct F2, F3
transaction CIA Restricted Stock Units Options Exercise $0 -8,333 -100% $0.000000* 0 07 Jun 2023 Class A Common Stock 8,333 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
F2 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F3 On June 6, 2023, the reporting person was granted 18,182 restricted stock units, vesting on June 6, 2024.
F4 On June 7, 2022, the reporting person was granted 8,333 restricted stock units, vesting on June 7, 2023.