GILBERT A. FULLER - 02 Apr 2024 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Director
Signature
/s/ Gilbert A. Fuller
Issuer symbol
SNFCA
Transactions as of
02 Apr 2024
Net transactions value
+$197,632
Form type
4
Filing time
04 Apr 2024, 16:26:23 UTC
Previous filing
05 Mar 2024
Next filing
25 Apr 2024
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 $3,675 +460 +3.3% $7.99 14,601 02 Apr 2024 Direct
transaction SNFCA Class A Common Stock Sale $3,386 -460 -3.2% $7.36 14,141 02 Apr 2024 Direct

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 $34,620 +6,869 $5.04 6,869 02 Dec 2016 Class A Common Stock 6,869 $5.04 Direct F1
transaction SNFCA Director Stock Option (right to buy) Award $7,236 +1,373 +20% $5.27 8,242 07 Dec 2016 Class A Common Stock 1,373 $5.27 Direct F2
transaction SNFCA Director Stock Option (right to buy) Award $4,983 +1,308 +16% $3.81 9,550 01 Dec 2017 Class A Common Stock 1,308 $3.81 Direct F3
transaction SNFCA Director Stock Option (right to buy) Award $32,828 +7,478 +78% $4.39 17,028 30 Nov 2018 Class A Common Stock 7,478 $4.39 Direct F4
transaction SNFCA Director Stock Option (right to buy) Award $32,538 +7,120 +42% $4.57 24,148 06 Dec 2019 Class A Common Stock 7,120 $4.57 Direct F5
transaction SNFCA Director Stock Option (right to buy) Award $22,513 +6,781 +28% $3.32 30,929 27 Mar 2020 Class A Common Stock 6,781 $3.32 Direct F6
transaction SNFCA Director Stock Option (right to buy) Award $51,597 +6,300 +20% $8.19 37,229 03 Dec 2021 Class A Common Stock 6,300 $8.19 Direct F7
transaction SNFCA Restricted Stock Unit Award $14,702 +1,840 +4.9% $7.99 39,069 01 Dec 2023 Class A Common Stock 1,840 $7.99 Direct F8
transaction SNFCA Restricted Stock Unit Disposed to Issuer $3,675 -460 -1.2% $7.99 38,609 01 Dec 2023 Class A Common Stock 460 $7.99 Direct F8
* 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 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.
F2 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.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.