Quist S. Andrew - Dec 22, 2021 Form 5 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
VP and General Counsel, Director
Signature
/s/ Andrew Quist
Stock symbol
SNFCA
Transactions as of
Dec 22, 2021
Transactions value $
$1,514,559
Form type
5
Date filed
1/24/2022, 01:15 PM
Previous filing
Oct 25, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class C Common Stock Gift -$43.8K -5K -28.05% $8.76 12.8K Dec 22, 2021 Direct
transaction SNFCA Class C Common Stock Gift -$46.5K -5K -38.98% $9.30 7.83K Dec 30, 2021 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 Employee Stock Option(right to buy) Award $22.9K +23.9K $0.96* 23.9K Apr 13, 2012 Class A Common Stock 23.9K $0.96 Direct F1
transaction SNFCA Employee Stock Option(right to buy) Award $47.6K +15.1K $3.14* 15.1K Dec 6, 2013 Class A Common Stock 15.1K $3.14 Direct F2
transaction SNFCA Employee Stock Option(right to buy) Award $42.3K +14.4K $2.93* 14.4K Jul 2, 2014 Class A Common Stock 14.4K $2.93 Direct F3
transaction SNFCA Employee Stock Option(right to buy) Award $98.9K +28.8K $3.43* 28.8K Dec 5, 2014 Class A Common Stock 28.8K $3.43 Direct F4
transaction SNFCA Employee Stock Option(right to buy) Award $132K +27.5K $4.82* 27.5K Dec 4, 2015 Class A Common Stock 27.5K $4.82 Direct F5
transaction SNFCA Employee Stock Option(right to buy) Award $139K +26.2K $5.31* 26.2K Dec 2, 2016 Class A Common Stock 26.2K $5.31 Direct F6
transaction SNFCA Employee Stock Option(right to buy) Award $99.9K +24.9K $4.01* 24.9K Dec 1, 2017 Class C Common Stock 24.9K $4.01 Direct F7
transaction SNFCA Employee Stock Option(right to buy) Award $137K +29.7K $4.62* 29.7K Nov 30, 2018 Class C Common Stock 29.7K $4.62 Direct F8
transaction SNFCA Employee Stock Option(right to buy) Award $217K +45.2K $4.81 45.2K Dec 6, 2019 Class C Common Stock 45.2K $4.81 Direct F9
transaction SNFCA Employee Stock Option(right to buy) Award $150K +43.1K $3.49 43.1K Mar 27, 2020 Class C Common Stock 43.1K $3.49 Direct F10
transaction SNFCA Employee Stock Option(right to buy) Award $517K +60K $8.62 60K Dec 3, 2021 Class C Common Stock 60K $8.62 Direct F11
* 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 April 13, 2012 as an option for 15,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021.
F2 This option was granted on December 6, 2013 as an option for 10,000 shares of Class A Common Stock at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the Amended and Restated 2013 Stock Option and Other Equity Incentive Awards Plan (the "2013 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; and 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 July 2, 2014 as an option for 10,000 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; and 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 20,000 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 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and 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 4, 2015 as an option for 20,000 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; and 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 2, 2016 as an option for 20,000 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; and 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 1, 2017 as an option for either 20,000 shares of Class A Common Stock at an exercise price of $5.05 per share or 20,000 shares of Class C Common Stock at an exercise price of $5.05 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 20,000 shares of Class C 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; and 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 November 30, 2018 as an option for either 25,000 shares of Class A Common Stock at an exercise price of $5.52 per share or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; and 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 6, 2019 as an option for either 40,000 shares of Class A Common Stock at an exercise price of $5.46 per share or 40,000 shares of Class C Common Stock at an exercise price of $5.46 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020. This option vests in four equal quarterly installments of Class C Common Stock, beginning on March 6, 2020, until such shares are fully vested; and 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 March 27, 2020 as an option for either 40,000 shares of Class A Common Stock at an exercise price of $3.76 per share or 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option vests in four equal quarterly installments of Class C Common Stock, beginning on June 27, 2020, until such shares are fully vested; and 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 December 3, 2021 as an option for either 60,000 shares of Class A Common Stock at an exercise price of $8.62 per share or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's electionto have an option for 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. The option vests in four equal quarterly installments of Class C Common Stock, beginning on March 3, 2022, until such shares are fully vested.