CITIZENS, INC. - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2011-02-25

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-08	Citizens, Inc. Class A Common Stock	G	2935	$8.52	Disposed	466906	Indirect
2011-02-25	Citizens, Inc. Class A Common Stock	L	33.679	$7.39	Acquired	2336260.2671	Direct
2011-04-01	Citizens, Inc. Class A Common Stock	L	33.8075	$7.36	Acquired	2336294.0746	Direct
2011-04-29	Citizens, Inc. Class A Common Stock	L	33.9879	$7.33	Acquired	2336328.0625	Direct
2011-05-31	Citizens, Inc. Class A Common Stock	L	36.5988	$6.80	Acquired	2336364.6613	Direct
2011-07-01	Citizens, Inc. Class A Common Stock	L	36.0524	$6.90	Acquired	2336400.7137	Direct
2011-08-05	Citizens, Inc. Class A Common Stock	L	36.0021	$6.91	Acquired	2336436.7158	Direct
2011-09-02	Citizens, Inc. Class A Common Stock	L	38.8625	$6.40	Acquired	2336475.5783	Direct
2011-10-04	Citizens, Inc. Class A Common Stock	L	37.376	$6.66	Acquired	2336512.9543	Direct
2011-10-31	Citizens, Inc. Class A Common Stock	L	31.7193	$7.85	Acquired	2336544.6736	Direct
2011-12-02	Citizens, Inc. Class A Common Stock	L	27.9392	$8.92	Acquired	2336572.6128	Direct

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

F1: Charitable gift by spouse.

F2: These shares were purchased through the Citizens Stock Investment Plan as part of regular monthly payroll deduction.