Rebecca L. Johnson - 28 Jan 2023 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Signature
/s/ Rebecca L. Johnson
Issuer symbol
CZWI
Transactions as of
28 Jan 2023
Net transactions value
-$1,467
Form type
4
Filing time
31 Jan 2023, 08:28:37 UTC
Previous filing
23 Jan 2023
Next filing
23 Jan 2024

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 $1,467 -116 -2.1% $12.65 5,419 28 Jan 2023 Direct F1
holding CZWI Common Stock, par value $0.01 per share 12,841 28 Jan 2023 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 2023 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 116 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.