Eliasberg James A. 4
4 · CITIZENS, INC. · Filed Feb 2, 2021
Insider Transaction Report
Form 4
Eliasberg James A.
VP,CLO & Secretary
Transactions
- Award
Restricted Stock Units
2021-01-29+10,486→ 10,486 total→ Class A Common Stock (10,486 underlying) - Exercise/Conversion
Restricted Stock Units
2021-01-31−18,512→ 0 total→ Class A Common Stock (18,512 underlying) - Tax Payment
Citizens, Inc. Class A Common Stock
2021-01-31$6.05/sh−4,481$27,110→ 27,083 total - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2021-01-31+18,512→ 31,564 total
Holdings
- 15,766
Restricted Stock Units
→ Class A Common Stock (15,766 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- [F2]Vesting is 1/3 on the first anniversary of the date of the grant (January 29, 2022), 1/3 on the second anniversary of the date of the grant (January 29, 2023) and 1/3 on the third anniversary of the date of the grant (January 29, 2024).
- [F3]On January 31, 2019, the reporting person was granted an award of restricted stock units, vesting in two equal annual installments on the first anniversary of the date of the grant (January 31, 2020) and the second anniversary of the date of the grant (January 31, 2021).
- [F4]On April 15, 2020, the reporting person was granted an award of restricted stock units, vesting in two equal annual installments on the first anniversary date of the grant (April 15, 2021) and on the second anniversary of the date of the grant (April 15, 2022).