Richard Mchugh - Jan 27, 2022 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role: Director
Signature: /s/ Rebecca L. Johnson, Attorney-in-fact
Stock symbol: CZWI
Transactions as of: Jan 27, 2022
Transactions value $: $29,988
Form type: 4
Date filed: 1/31/2022, 08:28 AM
Next filing: Aug 3, 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	Award	$30K	+2.14K	+1.15%	$14.00	189K	Jan 27, 2022	Direct	F1
holding	CZWI	Common Stock, par value $0.01 per share						34.6K	Jan 27, 2022	By Spouse	F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted shares of Common Stock awarded under the Company's 2018 Equity Incentive Plan, which shares vest December 31, 2022.
F2	The shares purchased included 141 shares purchased by the reporting person's spouse directly and 41 shares purchased by the reporting person's spouse as custodian for the benefit of her grandchildren. Following such acquisitions, the reporting person's spouse owns 34,275 shares of our common stock directly and 321 shares are held by the reporting person's spouse as custodian for her grandchildren. Mr. McHugh disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Content

Represents restricted shares of Common Stock awarded under the Company's 2018 Equity Incentive Plan, which shares vest December 31, 2022.

The shares purchased included 141 shares purchased by the reporting person's spouse directly and 41 shares purchased by the reporting person's spouse as custodian for the benefit of her grandchildren. Following such acquisitions, the reporting person's spouse owns 34,275 shares of our common stock directly and 321 shares are held by the reporting person's spouse as custodian for her grandchildren. Mr. McHugh disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.