Stephen M. Bianchi - Jan 23, 2025 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role
CEO and President, Director
Signature
/s/ Rebecca L. Johnson, Attorney-in-fact
Stock symbol
CZWI
Transactions as of
Jan 23, 2025
Transactions value $
$50,555
Form type
4
Date filed
1/24/2025, 04:16 PM
Previous filing
Jan 22, 2025
Next filing
Jan 29, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZWI Common Stock, par value $0.01 per share Award $80.2K +4.99K +7.08% $16.09 75.4K Jan 23, 2025 Direct F1
transaction CZWI Common Stock, par value $0.01 per share Tax liability -$29.7K -1.84K -2.44% $16.09 73.6K Jan 23, 2025 Direct F2
holding CZWI Common Stock, par value $0.01 per share 53.4K Jan 23, 2025 By IRA F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CZWI Common Stock Option (right to buy) 18K Jan 23, 2025 Common Stock 18K $11.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSU's") awarded January 27, 2022, upon certification of performance results by the Compensation Committee based on the achievement of certain operational performance criteria for the year ended December 31, 2024, during a 36 month cumulative performance cycle.
F2 The reporting person surrendered a total of 1,843 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting and settlement of Performance Stock Units described in Footnote 1 above issued under the Company's 2018 Equity Incentive Plan.
F3 These shares are held in the reporting person's self-directed IRA.
F4 The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of June 24, 2017, June 24, 2018, June 24, 2019, June 24, 2020 and June 24, 2021.