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CITIZENS, INC. Director's Dealing 2009

Jun 3, 2009

33432_dirs_2009-06-03_6e4d8c87-fbcf-4e2a-828e-8d2cbfecd077.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2009-03-27

Reporting Person: RILEY HAROLD E (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-03-27 Citizens, Inc. Class A Common Stock L 34.0738 $7.31 Acquired 3012413.2967 Direct
2009-05-01 Citizens, Inc. Class A Common Stock L 35.28 $7.06 Acquired 2927448.5767 Direct
2009-06-02 Citizens, Inc. Class A Common Stock S 5000 $7.00 Disposed 471928 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Citizens, Inc. Class B Common Stock 1001714 Indirect

Footnotes

F1: These shares were purchased through the Citizens Stock Investment Plan as part of regular monthly payroll deduction.

F2: This transaction was an open market sale.