Stephen C. Johnson - Dec 3, 2021 Form 5 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
VP - Mortgage Ops
Signature
/s/ Stephen C. Johnson
Stock symbol
SNFCA
Transactions as of
Dec 3, 2021
Transactions value $
$372,971
Form type
5
Date filed
2/9/2022, 10:59 AM
Previous filing
Nov 17, 2021

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 $14.3K +4.54K $3.14* 4.54K Dec 6, 2013 Class A Common Stock 4.54K $3.14 Direct F1
transaction SNFCA Employee Stock Option (right to buy) Award $29.7K +8.65K $3.43* 8.65K Dec 5, 2014 Class A Common Stock 8.65K $3.43 Direct F2
transaction SNFCA Employee Stock Option (right to buy) Award $66.2K +13.7K $4.82* 13.7K Dec 4, 2015 Class A Common Stock 13.7K $4.82 Direct F3
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 F4
transaction SNFCA Employee Stock Option (right to buy) Award $50K +12.5K $4.01* 12.5K Dec 1, 2017 Class A Common Stock 12.5K $4.01 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $54.4K +11.3K $4.81 11.3K Dec 6, 2019 Class A Common Stock 11.3K $4.81 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $37.6K +10.8K $3.49 10.8K Mar 27, 2020 Class A Common Stock 10.8K $3.49 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $86.2K +10K $8.62 10K Dec 3, 2021 Class A Common Stock 10K $8.62 Direct F8
* 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 6, 2013 as an option for 3,000 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 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; 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 5, 2014 as an option for 6,000 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; 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 4, 2015 as an option for 10,000 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.
F4 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.
F5 This option was granted on December 1, 2017 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions in 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.
F6 This option was granted on December 6, 2019 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% 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.
F7 This option was granted on March 27, 2020 as an option for 10,000 shares of Class A Common Stock at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% 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.
F8 This option was granted on December 3, 2021 as an option for 10,000 shares of Class A Common Stock at an exercise price of $8.62 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 3, 2022, until such shares are fully vested.