Gerald Shields - Jun 2, 2021 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Interim President & CEO, Director
Signature
/s/ Sheryl Kinlaw, Attorney-in-Fact
Stock symbol
CIA
Transactions as of
Jun 2, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 04:48 PM
Next filing
Mar 31, 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 2, 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 2, 2021 Class A Common Stock 1.58K Direct F1, F2
transaction CIA Restricted Stock Units Award $0 +2.02K $0.00 2.02K Jun 2, 2021 Class A Common Stock 2.02K 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 2, 2020, the reporting person was granted 1,575 restricted stock units, vesting on June 2, 2021.
F3 The restricted stock units vest 100% on the first anniversary of the date of the grant (June 2, 2022), subject to the director's continued service on the Board of Directors through such date.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney