Eliasberg James A. 4
4 · CITIZENS, INC. · Filed Apr 19, 2021
Insider Transaction Report
Form 4
Eliasberg James A.
VP,CLO & Secretary
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-04-15−7,883→ 7,883 total→ Class A Common Stock (7,883 underlying) - Exercise/Conversion
Citizens, Inc. Class A Common Stock
2021-04-15+7,883→ 34,966 total - Tax Payment
Citizens, Inc. Class A Common Stock
2021-04-15$5.83/sh−1,920$11,194→ 33,046 total
Holdings
- 10,486
Restricted Stock Units
→ Class A Common Stock (10,486 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- [F2]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).
- [F3]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).