CITIZENS, INC. — Director's Dealing 2021

Jun 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS, INC. (CIA)
CIK: 0000024090
Period of Report: 2021-06-02

Reporting Person: KEATING FRANK A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-02	Citizens, Inc. Class A Common Stock	M	1575	—	Acquired	4591	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-02	Restricted Stock Units	$	M	1575	Disposed		Class A Common Stock (1575)	Direct
2021-06-02	Restricted Stock Units	$	A	2023	Acquired		Class A Common Stock (2023)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.

F2: On June 2, 2020, the reporting person was granted 1,575 restricted stock units, vesting on June 2, 2021.

F3: The restricted stock units vest 100% on the first anniversary of the date of the grant (June 2, 2022), subject to the director's continued service on the Board of Directors through such date.