4//SEC Filing
Shields Gerald 4
Accession 0000024090-25-000041
CIK 0000024090other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 11:16 AM ET
Size
9.5 KB
Accession
0000024090-25-000041
Insider Transaction Report
Form 4
Shields Gerald
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-31−27,472→ 0 total→ Class A Common Stock (27,472 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2025-03-31+27,472→ 303,942.956 total - Award
Restricted Stock Units
2025-03-31+27,472→ 27,472 total→ Class A Common Stock (27,472 underlying)
Footnotes (2)
- [F1]It was previously reported on a Form 4 filed on April 2, 2024 that the reporting person was granted an award of 46,729 RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2024 long-term incentive. Pursuant to the Amendment to the Executive Employment Agreement for Mr. Shields effective January 1, 2024, he was not entitled to these RSUs and instead, was eligible to earn RSUs based on 2024 pay-for-performance. The original 46,729 RSU grant was voided and these 27,472 RSUs are being awarded and immediately vested pursuant to such contract and achievement of 2024 pay-for-performance goals.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
Documents
Issuer
CITIZENS, INC.
CIK 0000024090
Entity typeother
Related Parties
1- filerCIK 0001699046
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 11:16 AM ET
- Size
- 9.5 KB