GILBERT A. FULLER - 12 Oct 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ Gilbert A. Fuller
Issuer symbol: SNFCA
Transactions as of: 12 Oct 2021
Net transactions value: +$238,333
Form type: 4
Filing time: 14 Oct 2021, 14:10:08 UTC
Previous filing: 09 Aug 2021
Next filing: 29 Oct 2021
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	Other	$456	+55	+5%	$8.29	1,164	16 Jul 2021	Direct	F1

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	$23,606	+7,331		$3.22^*	7,331	06 Dec 2013	Class A Common Stock	7,331	$3.22	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4,878	+1,515		$3.22^*	1,515	07 Dec 2013	Class A Common Stock	1,515	$3.22	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Award	$25,386	+7,212		$3.52^*	7,212	05 Dec 2014	Class A Common Stock	7,212	$3.52	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$5,083	+1,444		$3.52^*	1,444	07 Dec 2014	Class A Common Stock	1,444	$3.52	Direct	F5
transaction	SNFCA	Director Stock Option (right to buy)	Award	$33,928	+6,868		$4.94^*	6,868	04 Dec 2015	Class A Common Stock	6,868	$4.94	Direct	F6
transaction	SNFCA	Director Stock Option (right to buy)	Award	$6,788	+1,374		$4.94^*	1,374	07 Dec 2015	Class A Common Stock	1,374	$4.94	Direct	F7
transaction	SNFCA	Director Stock Option (right to buy)	Award	$35,654	+6,542		$5.45^*	6,542	02 Dec 2016	Class A Common Stock	6,542	$5.45	Direct	F8
transaction	SNFCA	Director Stock Option (right to buy)	Award	$7,129	+1,308		$5.45^*	1,308	07 Dec 2016	Class A Common Stock	1,308	$5.45	Direct	F9
transaction	SNFCA	Director Stock Option (right to buy)	Award	$5,121	+1,246		$4.11^*	1,246	01 Dec 2017	Class A Common Stock	1,246	$4.11	Direct	F10
transaction	SNFCA	Director Stock Option (right to buy)	Award	$28,132	+5,935		$4.74^*	5,935	30 Nov 2018	Class A Common Stock	5,935	$4.74	Direct	F11
transaction	SNFCA	Director Stock Option (right to buy)	Award	$5,631	+1,188		$4.74^*	1,188	30 Nov 2018	Class A Common Stock	1,188	$4.74	Direct	F12
transaction	SNFCA	Director Stock Option (right to buy)	Award	$27,854	+5,650		$4.93	5,650	06 Dec 2019	Class A Common Stock	5,650	$4.93	Direct	F13
transaction	SNFCA	Director Stock Option (right to buy)	Award	$5,571	+1,130		$4.93	1,130	06 Dec 2019	Class A Common Stock	1,130	$4.93	Direct	F14
transaction	SNFCA	Director Stock Option (right to buy)	Award	$9,634	+2,691		$3.58	2,691	27 Mar 2020	Class A Common Stock	2,691	$3.58	Direct	F15
transaction	SNFCA	Director Stock Option (right to buy)	Award	$13,482	+3,766		$3.58	3,766	27 Mar 2020	Class A Common Stock	3,766	$3.58	Direct	F16

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Received pursuant to a stock dividend paid on July 16, 2021.
F2	This option was granted on December 6, 2013 as an option for 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, 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; and a 5% stock dividend paid on July 16, 2021.
F3	This option was granted on December 7, 2013 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, 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; and a 5% stock dividend paid on July 16, 2021.
F4	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; and a 5% stock dividend paid on July 16, 2021.
F5	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 $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; and a 5% stock dividend paid on July 16, 2021.
F6	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; and a 5% stock dividend paid on July 16, 2021.
F7	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; and a 5% stock dividend paid on July 16, 2021.
F8	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; and a 5% stock dividend paid on July 16, 2021.
F9	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; and a 5% stock dividend paid on July 16, 2021.
F10	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; and a 5% stock dividend paid on July 16, 2021.
F11	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; and a 5% stock dividend paid on July 16, 2021.
F12	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; and a 5% stock dividend paid on July 16, 2021.
F13	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. The option vests in four equal quarterly installments of Class A Common Stock, beginning on March 6, 2020, until such shares are fully vested; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F14	This option was granted on December 6, 2019 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 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. The option vests in four equal quarterly installments of Class A Common Stock, beginning on March 6, 2020, until such shares are fully vested; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F15	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. The option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F16	This option was granted on March 27, 2020 as an option for 3,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share. The option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested; a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.