Harvey J. Waite - 02 Aug 2021 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
VP, Chief Actuary
Signature
/s/ Harvey J. L. Waite
Issuer symbol
CIA
Transactions as of
02 Aug 2021
Net transactions value
+$4,445
Form type
4
Filing time
01 Feb 2022, 14:05:33 UTC
Next filing
04 Apr 2022
SEC
View on sec.gov

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 $1,244 +229 $5.44 229 02 Aug 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,243 +211 +92% $5.89 440 07 Sep 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,251 +197 +45% $6.36 636 01 Oct 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,250 +194 +30% $6.44 831 29 Oct 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,251 +211 +25% $5.94 1,041 26 Nov 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,250 +231 +22% $5.42 1,272 31 Dec 2021 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $1,251 +270 +21% $4.64 1,542 28 Jan 2022 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +2,698 +175% 4,240 29 Jan 2022 Direct F2
transaction CIA Citizens, Inc. Class A Common Stock Tax liability $4,296 -912 -22% $4.71 3,328 29 Jan 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 -2,698 -33% $0.000000 5,395 29 Jan 2022 Class A Common Stock 2,698 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).