SEC Form 4 · accession 0001144204-16-105060
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
May 24, 2016
Accepted (ET)
May 26, 2016 · 1:18 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 | May 24, 2016 | S | 3,570 | $9.25 | D | 16,194 | D | |
| Common Stock, par value $0.01 per share | May 26, 2016 | M | 4,000 | $8.00 | A | 20,194 | 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 | $8.00 | May 26, 2016 | M | 2,000 | A | Jan 24, 2015 | Jan 24, 2024 | Common Stock | 2,000 | 8,000 | D |
| Common Stock option (right to buy)F1 | $8.00 | May 26, 2016 | M | 2,000 | A | Jan 24, 2016 | Jan 24, 2024 | Common Stock | 2,000 | 6,000 | D |
Explanation of responses
- F1The common stock options vest pro rata over a five-year period: 20% of the shares become exercisable on each January 24, 2015, January 24, 2016, January 24, 2017, January 24, 2018 and January 24, 2019.