Constance Weaver - Jun 1, 2021 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Director
Signature
/s/ Jeffery P. Conklin, Attorney-in-Fact
Stock symbol
CIA
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 05:11 PM
Next filing
Sep 29, 2022

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 +1.58K +52.22% 4.59K Jun 1, 2021 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 Options Exercise $0 -1.58K -100% $0.00* 0 Jun 1, 2021 Class A Common Stock 1.58K 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 June 2, 2020, the reporting person was granted 1,575 restricted stock units that initially vested on June 2, 2021. The reporting person did not seek re-election to the Company's Board of Directors and thus her last day as a director was June 1, 2021. The Board accelerated the restricted stock units to vest on June 1, 2021.