Sheryl L. Kinlaw - 21 Jul 2021 Form 3 Insider Report for CITIZENS, INC. (CIA)

Role: Chief Legal Officer
Signature: /s/ Sheryl Kinlaw, Chief Legal Officer
Issuer symbol: CIA
Transactions as of: 21 Jul 2021
Net transactions value: $0
Form type: 3
Filing time: 28 Jul 2021, 15:54:03 UTC
Next filing: 31 Mar 2022
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						0	21 Jul 2021	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							21 Jul 2021	Class A Common Stock	24,000		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting is 1/3 on the first anniversary of the date of the grant (July 1, 2022), 1/3 on the second anniversary of the grant (July 1, 2023) and 1/3 on the third anniversary of the grant (July 1, 2024).
F2	Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.