John L. Cook - Apr 12, 2024 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ John L. Cook
Stock symbol: SNFCA
Transactions as of: Apr 12, 2024
Transactions value $: $286,461
Form type: 4
Date filed: 4/19/2024, 10:27 AM
Previous filing: Dec 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNFCA	Class A Common Stock	Options Exercise	$60.6K	+8.7K	+135.86%	$6.96	15.1K	Apr 12, 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)	Disposed to Issuer	-$24.7K	-7.95K	-100%	$3.10	0	Dec 5, 2014	Class A Common Stock	7.95K	$3.10	Direct	F1
transaction	SNFCA	Director Stock Option (right to buy)	Disposed to Issuer	-$4.94K	-1.59K	-100%	$3.10	0	Dec 7, 2014	Class A Common Stock	1.59K	$3.10	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Disposed to Issuer	-$32.9K	-7.57K	-100%	$4.35	0	Dec 4, 2015	Class A Common Stock	7.57K	$4.35	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Disposed to Issuer	-$6.59K	-1.52K	-100%	$4.35	0	Dec 7, 2015	Class A Common Stock	1.52K	$4.35	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$34.5K	+7.21K		$4.79	7.21K	Dec 2, 2016	Class A Common Stock	7.21K	$4.79	Direct	F5
transaction	SNFCA	Director Stock Option (right to buy)	Award	$7.22K	+1.44K	+19.99%	$5.01	8.65K	Dec 7, 2016	Class A Common Stock	1.44K	$5.01	Direct	F6
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4.97K	+1.37K	+15.87%	$3.62	10K	Dec 1, 2017	Class A Common Stock	1.37K	$3.62	Direct	F7
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32.7K	+7.85K	+78.31%	$4.17	17.9K	Nov 30, 2018	Class A Common Stock	7.85K	$4.17	Direct	F8
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32.4K	+7.48K	+41.81%	$4.34	25.4K	Dec 6, 2019	Class A Common Stock	7.48K	$4.34	Direct	F9
transaction	SNFCA	Director Stock Option (right to buy)	Award	$22.4K	+7.12K	+28.08%	$3.15	32.5K	Mar 27, 2020	Class A Common Stock	7.12K	$3.15	Direct	F10
transaction	SNFCA	Director Stock Option (right to buy)	Award	$51.5K	+6.62K	+20.37%	$7.78	39.1K	Dec 3, 2021	Class A Common Stock	6.62K	$7.78	Direct	F11
transaction	SNFCA	Director Stock Option (right to buy)	Award	$45.3K	+7.35K	+18.8%	$6.16	46.4K	Dec 2, 2022	Class A Common Stock	7.35K	$6.16	Direct	F12
transaction	SNFCA	Director Stock Option (right to buy)	Award	$63.9K	+8K	+17.23%	$7.99	54.4K	Dec 1, 2023	Class A Common Stock	8K	$7.99	Direct	F13

* 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 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.
F2	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.
F3	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.
F4	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.
F5	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.
F6	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.
F7	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.
F8	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.
F9	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.
F10	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.
F11	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.
F12	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.
F13	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.