Form 4 for CIA CITIZENS, INC.
Accepted 2024-04-02 00:00:00 ET · period of report 2024-03-28 · accession 0000024090-24-000056 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-02 | 2024-03-31 | CIA | Shields Gerald | Pres, CEO, Dir | F - Tax | $2.14 | -5,141 | 184.7K | -3% | -$11.0K |
| D | 2024-04-02 | 2024-03-31 | CIA | Shields Gerald | Pres, CEO, Dir | M - OptEx | — | +21.1K | 189.8K | +13% | — |
| DM | 2024-04-02 | 2024-03-28 | CIA | Shields Gerald | Pres, CEO, Dir | A - Grant | $0.00 | +122.6K | 75.8K | New | $0 |
| D | 2024-04-02 | 2024-03-31 | CIA | Shields Gerald | Pres, CEO, Dir | M - OptEx | $0.00 | -21.1K | 42.2K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Citizens, Inc. Class A Common Stock | 2024-03-31 | F | D | 5,141 | $2.14 | 184,695.29 | D | — | — | |
| 2 | Common | Citizens, Inc. Class A Common Stock | 2024-03-31 | M | A | 21,112 | — | 189,836.29 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. |
| 3 | Derivative | Restricted Stock Units | 2024-03-28 | A | A | 46,729 | $0.00 | 46,729 | D | — · — to — | 46,729 Class A Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. (F4) On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for 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). |
| 4 | Derivative | Restricted Stock Units | 2024-03-31 | M | D | 21,112 | $0.00 | 42,230 | D | — · — to — | 21,112 Class A Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. (F2) On March 31, 2023, the reporting person was granted an award of restricted stock units (RSUs), 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). |
| 5 | Derivative | Restricted Stock Units | 2024-03-28 | A | A | 75,845 | $0.00 | 75,845 | D | — · — to — | 75,845 Class A Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. (F3) 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). |