X0306 4 2018-01-17 0 0001367859 Citizens Community Bancorp Inc. CZWI 0001279160 MCHUGH RICHARD C/O CITIZENS COMMUNITY BANCORP, INC. 2174 EASTRIDGE CENTER EAU CLAIRE WI 54701 1 0 0 0 Common Stock, par value $0.01 per share 2018-01-17 4 A 0 515 0.00 A 160139 D Common Stock, par value $0.01 per share 34596 I By Spouse Common Stock Option (right to buy) 7.04 2010-02-04 2020-02-04 Common Stock 14240 14240 D Represents restricted shares of Common Stock awarded under the Company's 2008 Equity Incentive Plan, which shares vest on October 1, 2018. The reporting person's spouse owns 34,275 shares of our common stock directly and 321 shares are held by the reporting person's spouse as custodian for her grandchildren. Mr. McHugh disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. /s/ Rebecca L. Johnson, Attorney-in-fact 2018-01-19