Jason G. Overbaugh - 25 Jun 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
VP/Ntnl Marketing Dir-Life Ins, Director
Signature
/s/ Jason G. Overbaugh
Issuer symbol
SNFCA
Transactions as of
25 Jun 2021
Net transactions value
+$847,062
Form type
4
Filing time
25 Aug 2021, 18:03:18 UTC
Next filing
21 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class A Common Stock Options Exercise $148,068 +16,452 +19% $9.00 102,364 25 Jun 2021 Direct F2
transaction SNFCA Class A Common Stock Other $42,437 +5,119 +5% $8.29 107,483 16 Jul 2021 Direct F1, F2
transaction SNFCA Class A Common Stock Sale $25,016 -2,950 -2.7% $8.48 104,533 16 Jul 2021 Direct 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 $99,178 -27,473 -100% $3.61* 0 05 Dec 2014 Class A Common Stock 27,473 $3.61 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award $132,657 +26,165 $5.07* 26,165 04 Dec 2015 Class A Common Stock 26,165 $5.07 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $139,297 +24,919 $5.59* 24,919 02 Dec 2016 Class A Common Stock 24,919 $5.59 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $95,262 +22,574 $4.22* 22,574 01 Dec 2017 Class C Common Stock 22,574 $4.22 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $137,305 +28,252 $4.86* 28,252 30 Nov 2018 Class C Common Stock 28,252 $4.86 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $163,377 +32,288 $5.06 32,288 06 Dec 2019 Class C Common Stock 32,288 $5.06 Direct F8
transaction SNFCA Employee Stock Option (right to buy) Award $112,852 +30,750 $3.67 30,750 27 Mar 2020 Class C Common Stock 30,750 $3.67 Direct F9
* 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 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 December 5, 2014 as an option to purchase 20,000 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 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 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 4, 2015 as an option to purchase 20,000 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.
F5 This option was granted on December 2, 2016 as an option to purchase 20,000 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.
F6 This option was granted on December 1, 2017 as an option to purchase either 20,000 shares of Class A Common Stock at an exercise price of $5.05 per share or 20,000 shares of Class C Common Stock at an exercise price of $5.05 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 20,000 shares of Class C 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.
F7 This option was granted on November 30, 2018 as an option to purchase either 25,000 shares of Class A Common Stock at an exercise price of $5.52 per share or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution rights 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.
F8 This option was granted on December 6, 2019 as an option to purchase either 30,000 shares of Class A Common Stock at an exercise price of $5.46 per share or 30,000 shares of Class C Common Stock at an exercise price of $5.46 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution rights of 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.
F9 This option was granted on March 27, 2020 as an option to purchase either 30,000 shares of Class A Common Stock at an exercise price of $3.76 per share or 30,000 shares of Class C Common Stock at an exercise price of $3.76 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock at an exercise price of $3.76 per share, 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 C Common Stock, beginning on June 27, 2020, until such shares are fully vested.