CITIZENS, INC. - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2011-01-07

Reporting Person: Osbourn Kay E (EVP, CFO & Treasurer)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-07	Citizens, Inc. Class A Common Stock	L	26.8291	$7.42	Acquired	895.2503	Direct
2011-01-28	Citizens, Inc. Class A Common Stock	L	28.0507	$7.10	Acquired	923.301	Direct
2011-02-25	Citizens, Inc. Class A Common Stock	L	26.9429	$7.39	Acquired	950.2439	Direct
2011-04-01	Citizens, Inc. Class A Common Stock	L	27.0457	$7.36	Acquired	977.2896	Direct
2011-04-29	Citizens, Inc. Class A Common Stock	L	27.1898	$7.33	Acquired	1004.4794	Direct
2011-05-31	Citizens, Inc. Class A Common Stock	L	29.279	$6.80	Acquired	1033.7584	Direct
2011-07-01	Citizens, Inc. Class A Common Stock	L	28.841	$6.90	Acquired	1062.5994	Direct
2011-08-05	Citizens, Inc. Class A Common Stock	L	28.8023	$6.91	Acquired	1091.4017	Direct
2011-09-02	Citizens, Inc. Class A Common Stock	L	31.0909	$6.40	Acquired	1122.4926	Direct
2011-10-04	Citizens, Inc. Class A Common Stock	L	29.9002	$6.66	Acquired	1152.3928	Direct
2011-10-31	Citizens, Inc. Class A Common Stock	L	25.3755	$7.85	Acquired	1177.7683	Direct
2011-12-02	Citizens, Inc. Class A Common Stock	S	500	$8.62	Disposed	677.7683	Direct

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.