Jeffrey R. Stephens - Nov 5, 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Sr General Counsel/Corp Sec
Signature: /s/ Jeffrey R. Stephens
Stock symbol: SNFCA
Transactions as of: Nov 5, 2021
Transactions value $: $228,038
Form type: 4
Date filed: 12/22/2021, 04:52 PM
Previous filing: Oct 27, 2021
Next filing: Feb 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNFCA	Class A Common Stock	Gift	-$10.2K	-1.06K	-11.96%	$9.63	7.76K	Nov 5, 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	Employee Stock Option (right to buy)	Award	$10.6K	+3.61K		$2.93^*	3.61K	Jul 2, 2014	Class A Common Stock	3.61K	$2.93	Direct	F2
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$24.7K	+7.21K		$3.43^*	7.21K	Dec 5, 2014	Class A Common Stock	7.21K	$3.43	Direct	F3
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$33.1K	+6.87K		$4.82^*	6.87K	Dec 4, 2015	Class A Common Stock	6.87K	$4.82	Direct	F4
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$34.7K	+6.54K		$5.31^*	6.54K	Dec 2, 2016	Class A Common Stock	6.54K	$5.31	Direct	F5
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$25K	+6.23K		$4.01^*	6.23K	Dec 1, 2017	Class A Common Stock	6.23K	$4.01	Direct	F6
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$41.1K	+8.9K		$4.62^*	8.9K	Nov 30, 2018	Class A Common Stock	8.9K	$4.62	Direct	F7
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$40.8K	+8.48K		$4.81	8.48K	Dec 6, 2019	Class A Common Stock	8.48K	$4.81	Direct	F8
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$28.2K	+8.07K		$3.49	8.07K	Mar 27, 2020	Class A Common Stock	8.07K	$3.49	Direct	F9

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

Explanation of Responses:

Id	Content
F1	Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan and shares of Class A Common Stock owned indirectly by the reporting person in the Non-Qualified Deferred Compensation Plan.
F2	This option was granted on July 2, 2014 as an option for 2,500 shares of Class A Common Stock at an exercise price of $4.29 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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.
F3	This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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.
F4	This option was granted on December 4, 2015 as an option for 5,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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.
F5	This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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.
F6	This option was granted on December 1, 2017 as an option for 5,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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.
F7	This option was granted on November 30, 2018 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 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.
F8	This option was granted on December 6, 2019 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on 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 March 27, 2020 as an option for 7,500 shares of Class A Common Stock at an exercise price of $3.76 per share; but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on July 17, 2020; and a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.