James S. Broucek - 23 Jan 2025 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
23 Jan 2025
Net transactions value
+$26,468
Form type
4
Filing time
24 Jan 2025, 16:17:08 UTC
Previous filing
22 Jan 2025
Next filing
29 Jan 2025
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 $41,802 +2,598 +13% $16.09 22,570 23 Jan 2025 Direct F1
transaction CZWI Common Stock, par value $0.01 per share Tax liability $15,334 -953 -4.2% $16.09 21,617 23 Jan 2025 Direct F2
holding CZWI Common Stock, par value $0.01 per share 43,136 23 Jan 2025 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) 8,000 23 Jan 2025 Common Stock 8,000 $13.60 Direct F4
* 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 27, 2022, upon certification of performance results by the Compensation Committee based on the achievement of certain operational performance criteria for the year ended December 31, 2024, during a 36 month cumulative performance cycle.
F2 The reporting person surrendered a total of 953 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting and settlement of Performance Restricted Units described in Footnote 1 above 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 October 31, 2018, October 31, 2019, October 31, 2020, October 31, 2021 and October 31, 2022.