James S. Broucek - 25 Jan 2024 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role
EVP/CFO/Treasurer/Secretary
Signature
/s/ Rebecca L. Johnson, Attorney-in-fact
Issuer symbol
CZWI
Transactions as of
25 Jan 2024
Net transactions value
+$17,012
Form type
4
Filing time
29 Jan 2024, 16:05:31 UTC
Previous filing
07 Jun 2023
Next filing
03 Jun 2024
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 Award $17,012 +1,432 +7.6% $11.88 20,309 25 Jan 2024 Direct F1
holding CZWI Common Stock, par value $0.01 per share 42,324 25 Jan 2024 By IRA 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) 8,000 25 Jan 2024 Common Stock 8,000 $13.60 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSU's") awarded January 28, 2021, upon certification of performance results by the Compensation Committee based on the achievement of certain performance criteria for the year ended December 31, 2023, during a 36 month cumulative performance cycle.
F2 These shares are held in the reporting person's self-directed IRA.
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 October 31, 2018, October 31, 2019, October 31, 2020, October 31, 2021 and October 31, 2022.