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CITIZENS, INC. — Director's Dealing 2024
Mar 18, 2024
33432_dirs_2024-03-18_9b5b4c62-7206-472b-984f-c1b0d4926dc1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CITIZENS, INC. (CIA)
CIK: 0000024090
Period of Report: 2024-03-07
Reporting Person: Lewis Bryon Matthew (VP, Operations)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Citizens, Inc. Class A Common Stock | 2405 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Citizens, Inc. Class A Common Stock | $ | Class A Common Stock (1032) | Direct | ||
| Citizens, Inc. Class A Common Stock | $ | Class A Common Stock (2557) | Direct | ||
| Citizens, Inc. Class A Common Stock | $ | Class A Common Stock (7876) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F2: Initial grant was issued November 1, 2021 and remaining number of shares will vest on November 1, 2024.
F3: Initial grant was issued July 15, 2022 and remaining number of shares will vest 1/2 on July 15, 2024 and 1/2 on July 15, 2025.
F4: Vesting is 1/3 on the first anniversary of the date of the grant (Augst 15, 2024), 1/3 on the second anniversary of the grant (August 15, 2025) and 1/3 on the third anniversary of the grant (August 15, 2026).