SEC Form 4 · accession 0001144204-16-087846
Citizens Community Bancorp Inc. · CZWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C. Oldenberg
Officer — Chief Financial Officer
Period of report
Mar 14, 2016
Accepted (ET)
Mar 14, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001367859
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Mar 14, 2016 | M | 1,000 | $5.65 | A | 18,888 | D | |
| Common Stock, par value $0.01 per share | Mar 14, 2016 | M | 876 | $6.12 | A | 19,764 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock option (right to buy)F1 | $5.65 | Mar 14, 2016 | M | 1,000 | A | Jul 2, 2013 | Jul 2, 2022 | Common Stock | 1,000 | 2,000 | D |
| Common Stock option (right to buy)F2 | $6.12 | Mar 14, 2016 | M | 876 | A | Jan 24, 2014 | Jan 24, 2023 | Common Stock | 876 | 586 | D |
Explanation of responses
- F1The common stock options vests pro rate over a five-year period: 20% of the shares become exercisable on each of July 2, 2013, July 2, 2014, July 2, 2015, July 2, 2016 and July 2, 2017.
- F2The common stock options vests pro rate over a five-year period: 20% of the shares become exercisable on each of January 24, 2014, January 24, 2015, January 24, 2016, January 24, 2017 and January 24, 2018.