John L. Cook - 01 Dec 2023 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ John L. Cook
Issuer symbol: SNFCA
Transactions as of: 01 Dec 2023
Net transactions value: +$364,140
Form type: 4
Filing time: 05 Dec 2023, 18:06:49 UTC
Previous filing: 14 Jun 2023
Next filing: 19 Apr 2024
SEC: View on sec.gov

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	$24,651	+7,952		$3.10^*	7,952	05 Dec 2014	Class A Common Stock	7,952	$3.10	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4,938	+1,593	+20%	$3.10^*	9,545	07 Dec 2014	Class A Common Stock	1,593	$3.10	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,938	+7,572	+79%	$4.35^*	17,117	04 Dec 2015	Class A Common Stock	7,572	$4.35	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$6,595	+1,516	+8.9%	$4.35^*	18,633	07 Dec 2015	Class A Common Stock	1,516	$4.35	Direct	F5
transaction	SNFCA	Director Stock Option (right to buy)	Award	$34,545	+7,212	+39%	$4.79^*	25,845	02 Dec 2016	Class A Common Stock	7,212	$4.79	Direct	F6
transaction	SNFCA	Director Stock Option (right to buy)	Award	$7,224	+1,442	+5.6%	$5.01^*	27,287	07 Dec 2016	Class A Common Stock	1,442	$5.01	Direct	F7
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4,970	+1,373	+5%	$3.62^*	28,660	01 Dec 2017	Class A Common Stock	1,373	$3.62	Direct	F8
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,743	+7,852	+27%	$4.17^*	36,512	30 Nov 2018	Class A Common Stock	7,852	$4.17	Direct	F9
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,446	+7,476	+20%	$4.34	43,988	06 Dec 2019	Class A Common Stock	7,476	$4.34	Direct	F10
transaction	SNFCA	Director Stock Option (right to buy)	Award	$22,428	+7,120	+16%	$3.15	51,108	27 Mar 2020	Class A Common Stock	7,120	$3.15	Direct	F11
transaction	SNFCA	Director Stock Option (right to buy)	Award	$51,465	+6,615	+13%	$7.78	57,723	03 Dec 2021	Class A Common Stock	6,615	$7.78	Direct	F12
transaction	SNFCA	Director Stock Option (right to buy)	Award	$45,276	+7,350	+13%	$6.16	65,073	02 Dec 2022	Class A Common Stock	7,350	$6.16	Direct	F13
transaction	SNFCA	Director Stock Option (right to buy)	Award	$63,920	+8,000	+12%	$7.99	73,073	01 Dec 2023	Class A Common Stock	8,000	$7.99	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option was granted on December 1, 2023 as an option for 8,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.99. The options granted vest quarterly, with 100% vesting on December 1, 2024.
F2	This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock under the Amended and Restated 2014 Director Stock Option Plan (the "2014 Director Stock Option Plan") at an exercise price of $5.02 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 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; 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, 2014 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $4.85 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 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; 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 4, 2015 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 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 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; 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 December 7, 2015 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 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 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; 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 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 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.
F7	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.
F8	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.
F9	This option was granted on November 30, 2018 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 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.
F10	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.
F11	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 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.
F12	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 and July 14, 2023.
F13	This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under 2014 Director Stock Option Plan at an exercise price of $6.48 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 14, 2023.