4//SEC Filing
Guerrero Paula L 4
Accession 0000024090-25-000027
CIK 0000024090other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 4:59 PM ET
Size
16.5 KB
Accession
0000024090-25-000027
Insider Transaction Report
Form 4
Guerrero Paula L
Chief Information Officer
Transactions
- Tax Payment
Citizens, Inc. Class A Common Stock
2025-03-28$4.66/sh−900$4,194→ 7,421 total - Award
Restricted Stock Units
2025-03-31+5,769→ 5,769 total→ Class A Common Stock (5,769 underlying) - Award
Restricted Stock Units
2025-03-31+6,593→ 6,593 total→ Class A Common Stock (6,593 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-28+3,034→ 8,321 total - Exercise/Conversion
Restricted Stock Units
2025-03-28−3,034→ 6,069 total→ Class A Common Stock (3,034 underlying)
Holdings
- 1,278
Restricted Stock Units
→ Class A Common Stock (1,278 underlying) - 5,417
Restricted Stock Units
→ Class A Common Stock (5,417 underlying)
Footnotes (7)
- [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]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- [F3]Vesting is 1/3 on the first anniversary of the date of the grant (March 28, 2025), 1/3 on the second anniversary of the grant (March 28, 2026) and 1/3 on the third anniversary of the grant (March 28, 2027).
- [F4]On March 31, 2025, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2024 pay-for-performance. 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).
- [F5]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).
- [F6]Initial grant was issued on July 15, 2022 and remaining number of shares will vest on July 15, 2025.
- [F7]Initial grant was issued on August 15, 2023 and remaining number of shares will vest 1/2 on August 14, 2025 and 1/2 on August 15, 2026.
Documents
Issuer
CITIZENS, INC.
CIK 0000024090
Entity typeother
Related Parties
1- filerCIK 0002051485
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 4:59 PM ET
- Size
- 16.5 KB