Paula L. Guerrero - 01 Jan 2025 Form 3 Insider Report for CITIZENS, INC. (CIA)

Role
Chief Information Officer
Signature
/s/Paula L. Guerrero
Issuer symbol
CIA
Transactions as of
01 Jan 2025
Net transactions value
$0
Form type
3
Filing time
13 Jan 2025, 11:20:44 UTC
Next filing
01 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CIA Citizens, Inc. Class A Common Stock 5,287 01 Jan 2025 Direct

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
holding CIA Restricted Stock Units 01 Jan 2025 Class A Common Stock 1,278 Direct F1, F2
holding CIA Restricted Stock Units 01 Jan 2025 Class A Common Stock 5,417 Direct F2, F3
holding CIA Restricted Stock Units 01 Jan 2025 Class A Common Stock 9,103 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Initial grant was issued on July 15, 2022 and remaining number of shares will vest on July 15, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F3 Initial grant was issued on August 15, 2023 and remaining number of shares will vest 1/2 on August 14, 2025 and 1/2 on August 15, 2026.
F4 Vesting is 1/3 on the first anniversary of the date of the grant (March 28, 2025), 1/3 on the second anniversary of the grant (March 28, 2026) and 1/3 on the third anniversary of the grant (March 28, 2027).

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney