Robert Hunter - 17 Nov 2023 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Director
Signature
/s/ Robert Hunter
Issuer symbol
SNFCA
Transactions as of
17 Nov 2023
Net transactions value
+$323,827
Form type
4
Filing time
21 Nov 2023, 10:40:22 UTC
Previous filing
26 Jan 2023
Next filing
04 Dec 2023
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 Options Exercise $51,211 +6,338 +15% $8.08 47,609 17 Nov 2023 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 Director Stock Option (right to buy) Disposed to Issuer $22,869 -8,081 -100% $2.83* 0 06 Dec 2013 Class A Common Stock 8,081 $2.83 Direct F1
transaction SNFCA Director Stock Option (right to buy) Disposed to Issuer $4,735 -1,673 -100% $2.83* 0 07 Dec 2013 Class A Common Stock 1,673 $2.83 Direct F2
transaction SNFCA Director Stock Option (right to buy) Award $24,651 +7,952 $3.10* 7,952 05 Dec 2014 Class A Common Stock 7,952 $3.10 Direct F3
transaction SNFCA Director Stock Option (right to buy) Award $4,938 +1,593 +20% $3.10* 9,545 07 Dec 2014 Class A Common Stock 1,593 $3.10 Direct F4
transaction SNFCA Director Stock Option (right to buy) Award $32,938 +7,572 +79% $4.35* 17,117 04 Dec 2015 Class A Common Stock 7,572 $4.35 Direct F5
transaction SNFCA Director Stock Option (right to buy) Award $6,595 +1,516 +8.9% $4.35* 18,633 07 Dec 2015 Class A Common Stock 1,516 $4.35 Direct F6
transaction SNFCA Director Stock Option (right to buy) Award $34,545 +7,212 +39% $4.79* 25,845 02 Dec 2016 Class A Common Stock 7,212 $4.79 Direct F7
transaction SNFCA Director Stock Option (right to buy) Award $7,224 +1,442 +5.6% $5.01* 27,287 07 Dec 2016 Class A Common Stock 1,442 $5.01 Direct F8
transaction SNFCA Director Stock Option (right to buy) Award $4,970 +1,373 +5% $3.62* 28,660 01 Dec 2017 Class A Common Stock 1,373 $3.62 Direct F9
transaction SNFCA Director Stock Option (right to buy) Award $32,743 +7,852 +27% $4.17* 36,512 03 Nov 2018 Class A Common Stock 7,852 $4.17 Direct F10
transaction SNFCA Director Stock Option (right to buy) Award $32,446 +7,476 +20% $4.34 43,988 06 Dec 2019 Class A Common Stock 7,476 $4.34 Direct F11
transaction SNFCA Director Stock Option (right to buy) Award $22,428 +7,120 +16% $3.15 51,108 27 Mar 2020 Class A Common Stock 7,120 $3.15 Direct F12
transaction SNFCA Director Stock Option (right to buy) Award $51,465 +6,615 +13% $7.78 57,723 03 Dec 2021 Class A Common Stock 6,615 $7.78 Direct F13
transaction SNFCA Director Stock Option (right to buy) Award $45,276 +7,350 +13% $6.16 65,073 02 Dec 2022 Class A Common Stock 7,350 $6.16 Direct F14
* 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 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F2 This option was granted on December 7, 2013 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F3 This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock under the Amended and Restated 2014 Director Stock Option Plan (the "2014 Director Stock Option Plan") at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F4 This option was granted on December 7, 2014 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F5 This option was granted on December 4, 2015 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F6 This option was granted on December 7, 2015 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F7 This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F8 This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F9 This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F10 This option was granted on November 30, 2018 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock options paid on February 1, 2019 and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F11 This option was granted on December 6, 2019 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F12 This option was granted on March 27, 2020 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023.
F13 This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Plan to reflect a 5% stock dividend paid on July 08, 2022, and July 14, 2023.
F14 This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.48. The options granted vest quarterly, with 100% vesting on Dec 02, 2023.