Kinlaw Sheryl L 4
4 · CITIZENS, INC. · Filed Apr 1, 2025
Insider Transaction Report
Form 4
Kinlaw Sheryl L
Chief Legal Officer
Transactions
- Tax Payment
Citizens, Inc. Class A Common Stock
2025-03-28$4.66/sh−3,694$17,214→ 49,687 total - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-28+10,903→ 60,590 total - Exercise/Conversion
Restricted Stock Units
2025-03-28−10,903→ 21,807 total→ Class A Common Stock (10,903 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-31+3,171→ 61,106 total - Tax Payment
Citizens, Inc. Class A Common Stock
2025-03-31$4.55/sh−773$3,517→ 60,333 total - Tax Payment
Citizens, Inc. Class A Common Stock
2025-03-28$4.66/sh−2,655$12,372→ 57,935 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−3,171→ 0 total→ Class A Common Stock (3,171 underlying) - Award
Restricted Stock Units
2025-03-31+15,384→ 15,384 total→ Class A Common Stock (15,384 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-28+15,172→ 53,381 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−8,535→ 8,536 total→ Class A Common Stock (8,535 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-31+8,535→ 68,868 total - Tax Payment
Citizens, Inc. Class A Common Stock
2025-03-31$4.55/sh−2,079$9,459→ 66,789 total - Exercise/Conversion
Restricted Stock Units
2025-03-28−15,172→ 30,346 total→ Class A Common Stock (15,172 underlying)
Footnotes (6)
- [F1]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).
- [F2]On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 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).
- [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).
- [F5]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- [F6]On March 31, 2025, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2026) an dthe second anniversary of the date of the grant (March 31, 2027) and the third anniversary of the date of the grant (March 31, 2028).