S. Andrew Quist - 11 Feb 2022 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Vice President/General Counsel, Director
Signature
/s/ Andrew Quist
Issuer symbol
SNFCA
Transactions as of
11 Feb 2022
Net transactions value
+$1,794,960
Form type
4
Filing time
16 Feb 2022, 12:23:32 UTC
Previous filing
24 Jan 2022
Next filing
22 Dec 2023
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 $235,896 +23,852 +305% $9.89 31,680 11 Feb 2022 Direct F1

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 $22,898 -23,852 -50% $0.9600* 23,852 13 Apr 2012 Class A Common Stock 23,852 $0.9600 Direct F2
transaction SNFCA Employee Stock Option (right to buy) Award $47,552 +15,144 $3.14* 15,144 06 Dec 2013 Class A Common Stock 15,144 $3.14 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award $42,259 +14,423 $2.93* 14,423 02 Jul 2014 Class A Common Stock 14,423 $2.93 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $98,945 +28,847 $3.43* 28,847 05 Dec 2014 Class A Common Stock 28,847 $3.43 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $132,420 +27,473 $4.82* 27,473 04 Dec 2015 Class A Common Stock 27,473 $4.82 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $138,936 +26,165 $5.31* 26,165 02 Dec 2016 Class A Common Stock 26,165 $5.31 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $99,925 +24,919 $4.01* 24,919 01 Dec 2017 Class C Common Stock 24,919 $4.01 Direct F8
transaction SNFCA Employee Stock Option (right to buy) Award $137,052 +29,665 $4.62* 29,665 30 Nov 2018 Class C Common Stock 29,665 $4.62 Direct F9
transaction SNFCA Employee Stock Option (right to buy) Award $217,426 +45,203 $4.81 45,203 06 Dec 2019 Class C Common Stock 45,203 $4.81 Direct F10
transaction SNFCA Employee Stock Option (right to buy) Award $150,244 +43,050 $3.49 43,050 27 Mar 2020 Class C Common Stock 43,050 $3.49 Direct F11
transaction SNFCA Employee Stock Option (right to buy) Award $517,200 +60,000 $8.62 60,000 03 Dec 2021 Class C Common Stock 60,000 $8.62 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This option was granted on April 13, 2012 as an option for 15,000 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F3 This option was granted on December 6, 2013 as an option for 10,000 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 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, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F4 This option was granted on July 2, 2014 as an option for 10,000 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F5 This option was granted on December 5, 2014 as an option for 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 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F6 This option was granted on December 4, 2015 as an option for 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F7 This option was granted on December 2, 2016 as an option for 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021
F8 This option was granted on December 1, 2017 as an option for 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; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F9 This option was granted on November 30, 2018 as an option for 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 provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; and a 2.5% 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 either 40,000 shares of Class A Common Stock at an exercise price of $5.46 per share or 40,000 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 40,000 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. This option vests in four equal quarterly installments of Class C Common Stock, beginning on March 6, 2020, until such shares are fully vested; and a 2.5% 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 either 40,000 shares of Class A Common Stock at an exercise price of $3.76 per share or 40,000 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 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option vests in four equal quarterly installments of Class C Common Stock, beginning on June 27, 2020, until such shares are fully vested; and a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F12 This option was granted on December 3, 2021 as an option for either 60,000 shares of Class A Common Stock at an exercise price of $8.62 per share or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's electionto have an option for 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. The option vests in four equal quarterly installments of Class C Common Stock, beginning on March 3, 2022, until such shares are fully vested.