CITIZENS, INC. — Director's Dealing 2020

Jun 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS, INC. (CIA)
CIK: 0000024090
Period of Report: 2020-04-06

Reporting Person: SLOAN ROBERT B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-06	Citizens, Inc. Class A Common Stock	L	328.7904	$6.05	Acquired	32040.4427	Direct
2020-05-01	Citizens, Inc. Class A Common Stock	L	350.3886	$5.68	Acquired	32390.8313	Direct
2020-05-29	Citizens, Inc. Class A Common Stock	L	323.4622	$6.15	Acquired	32714.2935	Direct
2020-06-04	Citizens, Inc. Class A Common Stock	M	1556	—	Acquired	34270.2935	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-04	Restricted Stock Units	$	M	1556	Disposed		Class A Common Stock (1556)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (1575)	1575	Direct

Footnotes

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

F2: Restricted stock units convert into Citizens, Inc. Class A common stock on a one-for-one basis.

F3: On June 4, 2019, the reporting person was granted 1,556 restricted stock units, vesting on June 4, 2020.

F4: On June 2, 2020, the reporting person was granted 1,575 restricted stock units, vesting on June 2, 2021.