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CITIZENS, INC. Director's Dealing 2024

Jan 31, 2024

33432_dirs_2024-01-31_23ce22ab-fa84-425a-9c0f-69fda2ec52bf.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: 2024-01-29

Reporting Person: Waite Harvey J. (VP, Chief Actuary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-29 Citizens, Inc. Class A Common Stock M 2697 Acquired 33823.6718 Direct
2024-01-29 Citizens, Inc. Class A Common Stock F 912 $2.86 Disposed 32911.6718 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-01-29 Restricted Stock Units $ M 2697 Disposed Class A Common Stock (2697) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class A Common Stock (11376) 11376 Direct
Restricted Stock Units $ Class A Common Stock (23288) 23288 Direct

Footnotes

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

F2: On January 29, 2021, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (January 29, 2022) and the second anniversary of the date of the grant (January 29, 2023) and the third anniversary of the date of the grant (January 29, 2024).

F3: On March 31, 2022, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2023) and the second anniversary of the date of the grant (March 31, 2024) and the third anniversary of the date of the grant (March 31, 2025).

F4: On March 31, 2023, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2024) and the second anniversary of the date of the grant (March 31, 2025) and the third anniversary of the date of the grant (March 31, 2026).