Jeffrey R. Stephens - 05 Nov 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Sr General Counsel/Corp Sec
Signature: /s/ Jeffrey R. Stephens
Issuer symbol: SNFCA
Transactions as of: 05 Nov 2021
Net transactions value: +$228,038
Form type: 4
Filing time: 22 Dec 2021, 16:52:02 UTC
Previous filing: 27 Oct 2021
Next filing: 10 Feb 2022
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	Gift	$10,160	-1,055	-12%	$9.63	7,764	05 Nov 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	$10,569	+3,607		$2.93^*	3,607	02 Jul 2014	Class A Common Stock	3,607	$2.93	Direct	F2
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$24,737	+7,212		$3.43^*	7,212	05 Dec 2014	Class A Common Stock	7,212	$3.43	Direct	F3
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$33,109	+6,869		$4.82^*	6,869	04 Dec 2015	Class A Common Stock	6,869	$4.82	Direct	F4
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$34,738	+6,542		$5.31^*	6,542	02 Dec 2016	Class A Common Stock	6,542	$5.31	Direct	F5
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$24,986	+6,231		$4.01^*	6,231	01 Dec 2017	Class A Common Stock	6,231	$4.01	Direct	F6
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$41,118	+8,900		$4.62^*	8,900	30 Nov 2018	Class A Common Stock	8,900	$4.62	Direct	F7
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$40,770	+8,476		$4.81	8,476	06 Dec 2019	Class A Common Stock	8,476	$4.81	Direct	F8
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$28,171	+8,072		$3.49	8,072	27 Mar 2020	Class A Common Stock	8,072	$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.