Shields Gerald 4
4 · CITIZENS, INC. · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Shields Gerald
Director
Transactions
- Tax Payment
Citizens, Inc. Class A Common Stock
2024-03-31$2.14/sh−5,141$11,002→ 184,695.287 total - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2024-03-31+21,112→ 189,836.287 total - Exercise/Conversion
Restricted Stock Units
2024-03-31−21,112→ 42,230 total→ Class A Common Stock (21,112 underlying) - Award
Restricted Stock Units
2024-03-28+75,845→ 75,845 total→ Class A Common Stock (75,845 underlying) - Award
Restricted Stock Units
2024-03-28+46,729→ 46,729 total→ Class A Common Stock (46,729 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- [F2]On March 31, 2023, the reporting person was granted an award of restricted stock units (RSUs), 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).
- [F3]On March 28, 2024, the reporting person was granted an award of restricted stock units (RSUs) under the Citizens, Inc. Omnibus Incentive Plan for 2023 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).
- [F4]On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for 2024 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).