Ludmya B. Love - 22 Mar 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Director
Signature
/s/ Ludmya B. Love
Issuer symbol
SNFCA
Transactions as of
22 Mar 2025
Net transactions value
+$9,214
Form type
4
Filing time
25 Mar 2025, 15:03:18 UTC
Previous filing
16 Dec 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 $135,443 +10,565 $12.82 10,565 22 Mar 2025 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 $51,331 -6,946 -100% $7.39 0 03 Dec 2021 Class A Common Stock 6,946 $7.39 Direct F1
transaction SNFCA Director Stock Option (right to buy) Award $45,150 -7,718 -100% $5.85 0 02 Dec 2022 Class A Common Stock 7,718 $5.85 Direct F2
transaction SNFCA Director Stock Option (right to buy) Award $63,756 -8,400 -100% $7.59 0 01 Dec 2023 Class A Common Stock 8,400 $7.59 Direct F3
transaction SNFCA Director Stock Option (right to buy) Award $34,008 +2,600 $13.08 2,600 06 Dec 2024 Class A Common Stock 2,600 $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 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 8, 2022, July 14, 2023 and July 12, 2024.
F2 This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 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 and July 12, 2024.
F3 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 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 12, 2024.
F4 This option was granted on December 6, 2024 as an option for 10,400 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $13.08 per share. One quarter of the options are vested and remain exercisable until September 23, 2025.