Bryon Matthew Lewis - 28 Mar 2024 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role: VP, Operations
Signature: /s/Bryon Matthew Lewis
Issuer symbol: CIA
Transactions as of: 28 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Apr 2024, 17:50:04 UTC
Previous filing: 18 Mar 2024
Next filing: 17 Jul 2024
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	Award	$0	+7,763		$0.000000	7,763	28 Mar 2024	Class A Common Stock	7,763		Direct	F1, F2
transaction	CIA	Restricted Stock Units	Award	$0	+14,019		$0.000000	14,019	28 Mar 2024	Class A Common Stock	14,019		Direct	F1, F3
holding	CIA	Restricted Stock Units						0	28 Mar 2024	Class A Common Stock	7,876		Direct	F1, F4
holding	CIA	Restricted Stock Units						1,560	28 Mar 2024	Class A Common Stock	1,032		Direct	F1, F5
holding	CIA	Restricted Stock Units						845	28 Mar 2024	Class A Common Stock	2,557		Direct	F1, F6

* 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 28, 2024, the reporting person was granted an award of restricted stock units (RSUs) under the Citizens, Inc. Omnibus Incentive Plan for 2023 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).
F3	On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2024 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).
F4	On August 31, 2023, the reporting person was granted an award of restricted stock units (RSUs), vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2024) and the second anniversary of the date of the grant (March 31, 2025) and the third anniversary of the date of the grant (March 31, 2026).
F5	On November 1, 2021, the reporting person was granted an award of RSUs, vesting in three equal annual installments on the first anniversary date of the grant (November 1, 2022) and the second anniversary date of the grant (November 1, 2023) and the third anniversary date of the grant (November 1, 2024)
F6	On July 15, 2022, the reporting person was granted an award of RSUs, vesting in three equal annual installments on the first anniversary date of the grant (July 15, 2023) and the second anniversary date of the grant (July 15, 2024) and the third anniversary date of the grant (July 15, 2025)