Stephen M. Bianchi - Jan 23, 2022 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role
CEO and President, Director
Signature
/s/ Rebecca L. Johnson, Attorney-in-fact
Stock symbol
CZWI
Transactions as of
Jan 23, 2022
Transactions value $
-$16,008
Form type
4
Date filed
1/25/2022, 11:44 AM
Previous filing
Feb 15, 2022
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZWI Common Stock, par value $0.01 per share Tax liability -$8.87K -634 -1.25% $13.99 50.1K Jan 23, 2022 Direct F1
transaction CZWI Common Stock, par value $0.01 per share Tax liability -$7.14K -511 -1.02% $13.97 49.6K Jan 24, 2022 Direct F2
holding CZWI Common Stock, par value $0.01 per share 51.1K Jan 23, 2022 By IRA F3

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 CZWI Common Stock Option (right to buy) 20K Jan 23, 2022 Common Stock 20K $11.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person surrendered a total of 634 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting of certain previously awarded shares of restricted stock issued under the Company's 2018 Equity Incentive Plan.
F2 The reporting person surrendered a total of 511 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting of certain previously awarded shares of restricted stock issued under the Company's 2018 Equity Incentive Plan.
F3 These shares are held in the reporting person's self-directed IRA.
F4 The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of June 24, 2017, June 24, 2018, June 24, 2019, June 24, 2020 and June 24, 2021.