Harvey J. Waite - Aug 2, 2021 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
VP, Chief Actuary
Signature
/s/ Harvey J. L. Waite
Stock symbol
CIA
Transactions as of
Aug 2, 2021
Transactions value $
$4,445
Form type
4
Date filed
2/1/2022, 02:05 PM
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.24K +229 $5.44 229 Aug 2, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.24K +211 +92.27% $5.89 440 Sep 7, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.25K +197 +44.72% $6.36 636 Oct 1, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.25K +194 +30.5% $6.44 831 Oct 29, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.25K +211 +25.36% $5.94 1.04K Nov 26, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.25K +231 +22.15% $5.42 1.27K Dec 31, 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1.25K +270 +21.2% $4.64 1.54K Jan 28, 2022 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +2.7K +175.02% 4.24K Jan 29, 2022 Direct F2
transaction CIA Citizens, Inc. Class A Common Stock Tax liability -$4.3K -912 -21.51% $4.71 3.33K Jan 29, 2022 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
transaction CIA Restricted Stock Units Options Exercise $0 -2.7K -33.34% $0.00 5.4K Jan 29, 2022 Class A Common Stock 2.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased through the Citizens Stock Investment Plan as part of regular monthly payroll deduction.
F2 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F3 On January 29, 2021, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (January 29, 2022) and the second anniversary of the date of the grant (January 29, 2023) and the third anniversary of the date of the grant (January 29, 2024).