CITIZENS, INC. — Director's Dealing 2011

Jun 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2011-04-29

Reporting Person: RILEY RAY A (EVP, USA Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-29	Citizens, Inc. Class A Common Stock	L	67.9758	$7.33	Acquired	182549.3979	Direct
2011-05-31	Citizens, Inc. Class A Common Stock	L	73.1975	$6.80	Acquired	182622.5954	Direct
2011-06-10	Citizens, Inc. Class A Common Stock	S	2000	$6.51	Disposed	180622.5954	Direct
2011-06-10	Citizens, Inc. Class A Common Stock	S	200	$6.59	Disposed	180422.5954	Direct
2011-06-10	Citizens, Inc. Class A Common Stock	S	1800	$6.5912	Disposed	178622.5954	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Citizens, Inc. Class A Common Stock	124875	Indirect
Citizens, Inc. Class A Common Stock	22823	Indirect
Citizens, Inc. Class A Common Stock	84544	Indirect
Citizens, Inc. Class A Common Stock	17040	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.