Robert Hunter - 06 Dec 2024 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ Robert Hunter
Issuer symbol: SNFCA
Transactions as of: 06 Dec 2024
Net transactions value: +$469,648
Form type: 4
Filing time: 11 Dec 2024, 09:39:19 UTC
Previous filing: 14 Nov 2024
Next filing: 19 Dec 2025
SEC: View on sec.gov

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)	Award	$32,838	+7,951		$4.13	7,951	04 Dec 2015	Class A Common Stock	7,951	$4.13	Direct	F1
transaction	SNFCA	Director Stock Option (right to buy)	Award	$6,575	+1,592	+20%	$4.13	9,543	07 Dec 2015	Class A Common Stock	1,592	$4.13	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Award	$34,457	+7,573	+79%	$4.55	17,116	02 Dec 2016	Class A Common Stock	7,573	$4.55	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Award	$7,207	+1,514	+8.8%	$4.76	18,630	07 Dec 2016	Class A Common Stock	1,514	$4.76	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4,960	+1,442	+7.7%	$3.44	20,072	01 Dec 2017	Class A Common Stock	1,442	$3.44	Direct	F5
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,646	+8,244	+41%	$3.96	28,316	03 Nov 2018	Class A Common Stock	8,244	$3.96	Direct	F6
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,342	+7,850	+28%	$4.12	36,166	06 Dec 2019	Class A Common Stock	7,850	$4.12	Direct	F7
transaction	SNFCA	Director Stock Option (right to buy)	Award	$22,353	+7,476	+21%	$2.99	43,642	27 Mar 2020	Class A Common Stock	7,476	$2.99	Direct	F8
transaction	SNFCA	Director Stock Option (right to buy)	Award	$51,331	+6,946	+16%	$7.39	50,588	03 Dec 2021	Class A Common Stock	6,946	$7.39	Direct	F9
transaction	SNFCA	Director Stock Option (right to buy)	Award	$45,150	+7,718	+15%	$5.85	58,306	02 Dec 2022	Class A Common Stock	7,718	$5.85	Direct	F10
transaction	SNFCA	Director Stock Option (right to buy)	Award	$63,756	+8,400	+14%	$7.59	66,706	01 Dec 2023	Class A Common Stock	8,400	$7.59	Direct	F11
transaction	SNFCA	Director Stock Option (right to buy)	Award	$136,032	+10,400	+16%	$13.08	77,106	06 Dec 2024	Class A Common Stock	10,400	$13.08	Direct	F12

* 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 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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F2	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F3	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F4	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F5	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F6	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F7	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F8	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 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F9	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 8, 2022, July 14, 2023 and July 12, 2024.
F10	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 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 July 14, 2023 and July 12, 2024.
F11	This option was granted on December 1, 2023 as an option for 8,000 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $7.99 per share, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024.
F12	This option was granted on December 6, 2024 as an option for 10,400 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $13.08 per share. The options granted vest quarterly, with 100% vesting on December 6, 2025.