Jeffrey R. Stephens - 05 Feb 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Gen. Counsel & Corp. Sec
Signature
/s/ Jeffrey R. Stephens
Issuer symbol
SNFCA
Transactions as of
05 Feb 2025
Transactions value $
$2,913
Form type
4
Date filed
06 Feb 2025, 12:26
Previous filing
26 Dec 2024
Next filing
02 Apr 2025
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 $161K +12.7K +45.04% $12.71 40.8K 05 Feb 2025 Direct F1

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 -$55.4K -7.5K -100% $7.39 0 03 Dec 2021 Class A Common Stock 7.5K $7.39 Direct F2
transaction SNFCA Employee Stock Option (right to buy) Award -$58.5K -10K -100% $5.85 0 02 Dec 2022 Class A Common Stock 10K $5.85 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award -$75.9K -10K -100% $7.59 0 01 Dec 2023 Class A Common Stock 10K $7.59 Direct F4
transaction SNFCA Restricted Stock Unit Award $31.6K +2.41K $13.08 2.41K 06 Dec 2024 Class A Common Stock 2.41K $13.08 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Does not include 120,131 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.
F2 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, but adjusted pursuant to the anti-dilution provision of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023 and July 12, 2024.
F3 This option was granted on December 2, 2022 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.48 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.
F4 This option was granted on December 1, 2023 as an option for 10,000 shares of Class A Common Stock 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.
F5 These restricted stock units were granted on December 6, 2024 for 2,413 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $13.08 per share. The units granted vest quarterly, and will be fully vested on December 31, 2025.