Jeffrey R. Stephens - 06 Dec 2024 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Gen. Counsel & Corp. Sec
Signature
/s/ Jeffrey R. Stephens
Issuer symbol
SNFCA
Transactions as of
06 Dec 2024
Net transactions value
+$221,387
Form type
4
Filing time
26 Dec 2024, 16:30:40 UTC
Previous filing
19 Nov 2024
Next filing
06 Feb 2025
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 Employee Stock Option (right to buy) Award $55,425 +7,500 $7.39 7,500 03 Dec 2021 Class A Common Stock 7,500 $7.39 Direct F1
transaction SNFCA Employee Stock Option (right to buy) Award $58,500 +10,000 +133% $5.85 17,500 02 Dec 2022 Class A Common Stock 10,000 $5.85 Direct F2
transaction SNFCA Employee Stock Option (right to buy) Award $75,900 +10,000 +57% $7.59 27,500 01 Dec 2023 Class A Common Stock 10,000 $7.59 Direct F3
transaction SNFCA Restricted Stock Unit Award $31,562 +2,413 +8.8% $13.08 29,913 06 Dec 2024 Class A Common Stock 2,413 $13.08 Direct F4
* 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 3, 2021 as an option for 7,500 shares of Class A Common Stock at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution provision of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023 and July 12, 2024.
F2 This option was granted on December 2, 2022 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.48 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.
F3 This option was granted on December 1, 2023 as an option for 10,000 shares of Class A Common Stock at an exercise price of $7.99 per share, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024.
F4 These restricted stock units were granted on December 6, 2024 for 2,413 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $13.08 per share. The units granted vest quarterly, and will be fully vested on December 31, 2025.