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CITIZENS, INC. — Director's Dealing 2020
Apr 17, 2020
33432_dirs_2020-04-17_2edb1c56-21b7-4b28-96c0-c8b98ac610df.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: 2020-04-15
Reporting Person: Kolander Geoffrey Martin (Director, CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-15 | Restricted Stock Units | $ | A | 216216 | Acquired | Class A Common Stock (216216) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class A Common Stock (52892) | 52892 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F2: Vesting is 50% on the first anniversary of the date of the grant (April 15, 2021) and 50% on the second anniversary of the date of the grant (April 15, 2022).
F3: On January 31, 2019, the reporting person was granted an award of restricted stock units, vesting in two equal annual installments on the first anniversary of the date of the grant (January 31, 2020) and the second anniversary of the date of the grant (January 31, 2021).