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.