Gilbert A. Fuller - Dec 1, 2023 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Director
Signature
/s/ Gilbert A. Fuller
Stock symbol
SNFCA
Transactions as of
Dec 1, 2023
Transactions value $
$203,642
Form type
4
Date filed
12/4/2023, 06:38 PM
Previous filing
Nov 7, 2023
Next filing
Dec 12, 2023

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 Director Stock Option (right to buy) Award $34.6K +6.87K $5.04 6.87K Dec 2, 2016 Class A Common Stock 6.87K $5.04 Direct F2
transaction SNFCA Director Stock Option (right to buy) Award $7.24K +1.37K +19.99% $5.27 8.24K Dec 7, 2016 Class A Common Stock 1.37K $5.27 Direct F3
transaction SNFCA Director Stock Option (right to buy) Award $4.98K +1.31K +15.87% $3.81 9.55K Dec 1, 2017 Class A Common Stock 1.31K $3.81 Direct F4
transaction SNFCA Director Stock Option (right to buy) Award $32.8K +7.48K +78.3% $4.39 17K Nov 30, 2018 Class A Common Stock 7.48K $4.39 Direct F5
transaction SNFCA Director Stock Option (right to buy) Award $32.5K +7.12K +41.81% $4.57 24.1K Dec 6, 2019 Class A Common Stock 7.12K $4.57 Direct F6
transaction SNFCA Director Stock Option (right to buy) Award $22.5K +6.78K +28.08% $3.32 30.9K Mar 27, 2020 Class A Common Stock 6.78K $3.32 Direct F7
transaction SNFCA Director Stock Option (right to buy) Award $51.6K +6.3K +20.37% $8.19 37.2K Dec 3, 2021 Class A Common Stock 6.3K $8.19 Direct F8
transaction SNFCA Restricted Stock Unit Award $2.62K +405 +1.09% $6.48 37.6K Dec 2, 2022 Class A Common Stock 405 $6.48 Direct F9
transaction SNFCA Restricted Stock Unit Award $14.7K +1.84K +4.89% $7.99 39.5K Dec 1, 2023 Class A Common Stock 1.84K $7.99 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units were granted on December 1, 2023 for 1,840 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $7.99. The units granted vest quarterly, and will be fully vested on December 31, 2024.
F2 This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 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; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F3 This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F4 This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F5 This option was granted on November 30, 2018 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F6 This option was granted on December 6, 2019 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F7 This option was granted on March 27, 2020 as an option for 2,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share; a 5% stock dividend paid on February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F8 This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022.
F9 These restricted stock units were granted on December 2, 2022 for 1,620 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $6.48. The units granted vest quarterly, and will be fully vested on December 31, 2023.