Stephen C. Johnson - Jul 7, 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
VP - Mortgage Operations
Signature
/s/ Stephen C. Johnson
Stock symbol
SNFCA
Transactions as of
Jul 7, 2021
Transactions value $
$324,916
Form type
4
Date filed
7/20/2021, 02:15 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class A Common Stock Options Exercise $26K +4.54K +124.47% $5.72 8.19K Jul 17, 2020 Direct F2
transaction SNFCA Class A Common Stock Other $3.49K +410 +5% $8.52 8.6K Jul 16, 2021 Direct F1, F2

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
transaction SNFCA Employee Stock Option (right to buy) Options Exercise -$4.59K -4.54K -100% $1.01* 0 Apr 13, 2012 Class A Common Stock 4.54K $1.01 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award $14.3K +4.33K $3.30* 4.33K Dec 6, 2013 Class A Common Stock 4.33K $3.30 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $12.7K +4.12K $3.08* 4.12K Jul 2, 2014 Class A Common Stock 4.12K $3.08 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $29.8K +8.24K $3.61* 8.24K Dec 5, 2014 Class A Common Stock 8.24K $3.61 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $66.3K +13.1K $5.07* 13.1K Dec 4, 2015 Class A Common Stock 13.1K $5.07 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $34.8K +6.23K $5.59* 6.23K Dec 2, 2016 Class A Common Stock 6.23K $5.59 Direct F8
transaction SNFCA Employee Stock Option (right to buy) Award $50.1K +11.9K $4.22* 11.9K Dec 1, 2017 Class A Common Stock 11.9K $4.22 Direct F9
transaction SNFCA Employee Stock Option (right to buy) Award $54.5K +10.8K $5.06 10.8K Dec 6, 2019 Class A Common Stock 10.8K $5.06 Direct F10
transaction SNFCA Employee Stock Option (right to buy) Award $37.6K +10.3K $3.67 10.3K Mar 27, 2020 Class A Common Stock 10.3K $3.67 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received pursuant to a 5% stock dividend paid on July 16, 2021.
F2 Owned through a trust by the reporting person and his wife. Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, and shares of Class A Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), and shares of Class A Common Stock owned indirectly by the reporting person in the Non-Qualified Deferred Compensation Plan.
F3 This option was granted on April 13, 2012 as an option for 3,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.
F4 This option was granted on December 6, 2013 as an option for 3,000 shares of Class A Common Stock at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F5 This option was granted on July 2, 2014 as an option for 3,000 shares of Class A Common Stock at an exercise price of $4.29 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F6 This option was granted on December 5, 2014 as an option for 6,000 shares of Class A Common Stock at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F7 This option was granted on December 4, 2015 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F8 This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F9 This option was granted on December 1, 2017 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F10 This option was granted on December 6, 2019 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F11 This option was granted on March 27, 2020 as an option for 10,000 shares of Class A Common Stock at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021. This option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested.