Jeffrey R. Stephens - Dec 3, 2021 Form 5 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
Dec 3, 2021
Transactions value $
$302,847
Form type
5
Date filed
2/10/2022, 02:27 PM
Previous filing
Dec 22, 2021
Next filing
Jun 22, 2022

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 F1
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 F2
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 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 $25K +6.23K $4.01* 6.23K Dec 1, 2017 Class A Common Stock 6.23K $4.01 Direct F5
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 F6
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 F7
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 F8
transaction SNFCA Employee Stock Option (right to buy) Award $64.7K +7.5K $8.62 7.5K Dec 3, 2021 Class A Common Stock 7.5K $8.62 Direct F8, F9
* 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 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.
F2 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.
F3 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.
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 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.
F6 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.
F7 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.
F8 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.
F9 This option was granted on December 3, 2021 as an option for 7,500 shares of Class A Common Stock at an exercise price of $8.62 per share. The option vests in four quarterly installments of Class A Stock beginning March 3, 2022, until such shares are fully vested.