Jeffrey R. Stephens - Jul 8, 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Sr Gen Counsel/Corp Secretary
Signature
/s/ Jeffrey Russell Stephens
Stock symbol
SNFCA
Transactions as of
Jul 8, 2021
Transactions value $
$289,734
Form type
4
Date filed
8/17/2021, 03:39 PM
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class A Common Stock Options Exercise $32.4K +3.79K +376.82% $8.55 4.79K Jul 8, 2021 Direct
transaction SNFCA Class A Common Stock Options Exercise $30.8K +3.61K +75.27% $8.55 8.4K Jul 8, 2021 Direct
transaction SNFCA Class A Common Stock Other $3.58K +420 +5% $8.52 8.82K 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 -$3.82K -3.79K -100% $1.01* 0 Apr 13, 2012 Class A Common Stock 3.79K $1.01 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Options Exercise -$11.9K -3.61K -100% $3.30* 0 Dec 6, 2013 Class A Common Stock 3.61K $3.30 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $10.6K +3.44K $3.08* 3.44K Jul 2, 2014 Class A Common Stock 3.44K $3.08 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $24.8K +6.87K $3.61* 6.87K Dec 5, 2014 Class A Common Stock 6.87K $3.61 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $33.2K +6.54K $5.07* 6.54K Dec 4, 2015 Class A Common Stock 6.54K $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 $25K +5.93K $4.22* 5.93K Dec 1, 2017 Class A Common Stock 5.93K $4.22 Direct F9
transaction SNFCA Employee Stock Option (right to buy) Award $41.2K +8.48K $4.86* 8.48K Nov 30, 2018 Class A Common Stock 8.48K $4.86 Direct F10
transaction SNFCA Employee Stock Option (right to buy) Award $40.8K +8.07K $5.06 8.07K Dec 6, 2019 Class A Common Stock 8.07K $5.06 Direct F11
transaction SNFCA Employee Stock Option (right to buy) Award $28.2K +7.69K $3.67 7.69K Mar 27, 2020 Class A Common Stock 7.69K $3.67 Direct F12
* 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 Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.
F3 This option was granted on April 13, 2012 as an option for 5,000 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, 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 2,500 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 Amended and Restated 2013 Stock Option and Other Equity Incentive Awards Plan (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, 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 2,500 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 5,000 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 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 5,000 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 5,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of 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 November 30, 2018 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on 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.
F11 This option was granted on December 6, 2019 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect a 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.
F12 This option was granted on March 27, 2020 as an option for 7,500 shares of Class A Common Stock at an exercise price of $3.76 per share; but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on July 17, 2020; and a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.