Rebecca L. Johnson - 28 Jan 2022 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role: Vice President/Controller
Signature: /s/ Rebecca L. Johnson
Issuer symbol: CZWI
Transactions as of: 28 Jan 2022
Net transactions value: -$1,168
Form type: 4
Filing time: 31 Jan 2022, 15:10:18 UTC
Next filing: 23 Jan 2023
SEC: View on sec.gov

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	$1,168	-84	-1.8%	$13.90	4,535	28 Jan 2022	Direct	F1
holding	CZWI	Common Stock, par value $0.01 per share						12,841	28 Jan 2022	By 401(k) Plan	F2

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)						2,000	28 Jan 2022	Common Stock	2,000	$9.62	Direct	F3

* 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 84 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	Represents shares held under the Citizens Community Federal 401(k) Profit Sharing Plan.
F3	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 14, 2017, June 14, 2018, June 14, 2019, June 14, 2020 and June 14, 2021.