Quist S. Andrew - Mar 27, 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Signature
/s/ Andrew Quist
Stock symbol
SNFCA
Transactions as of
Mar 27, 2025
Transactions value $
$3,077,698
Form type
4
Date filed
3/31/2025, 06:38 PM
Previous filing
Dec 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class C Common Stock Options Exercise $149K +49.8K +46.9% $2.99 156K Mar 27, 2025 Direct
transaction SNFCA Class A Common Stock Disposed to Issuer -$149K -11.8K -7.57% $12.61 144K Mar 27, 2025 Direct F1, F2

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 $131K +31.8K $4.13 31.8K Dec 4, 2015 Class A Common Stock 31.8K $4.13 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award $138K +30.3K +95.24% $4.55 62.1K Dec 2, 2016 Class A Common Stock 30.3K $4.55 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $99.2K +28.8K +46.46% $3.44 90.9K Dec 1, 2017 Class C Common Stock 28.8K $3.44 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Award $136K +34.3K +37.76% $3.96 125K Nov 30, 2018 Class C Common Stock 34.3K $3.96 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award -$149K -49.8K -28.46% $2.99 125K Mar 27, 2020 Class C Common Stock 49.8K $2.99 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $513K +69.5K +55.44% $7.39 195K Dec 3, 2021 Class C Common Stock 69.5K $7.39 Direct F8
transaction SNFCA Employee Stock Option (right to buy) Award $516K +88.2K +45.29% $5.85 283K Dec 2, 2022 Class C Common Stock 88.2K $5.85 Direct F9
transaction SNFCA Employee Stock Option (right to buy) Award $638K +84K +29.69% $7.59 367K Dec 1, 2023 Class C Common Stock 84K $7.59 Direct F10
transaction SNFCA Employee Stock Option (right to buy) Award $100K +6.95K +1.89% $14.39 374K Dec 6, 2024 Class C Common Stock 6.95K $14.39 Direct F11
transaction SNFCA Employee Stock Option (right to buy) Award $955K +73.1K +19.54% $13.08 447K Dec 6, 2024 Class C Common Stock 73.1K $13.08 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Does not include 102,665 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.
F2 Includes 42,112 shares of Class A Common Stock and 102,164 shares of Class C Common Stock.
F3 This option was granted on December 4, 2015 as an option for 20,000 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.
F4 This option was granted on December 2, 2016 as an option for 20,000 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.
F5 This option was granted on December 1, 2017 as an option for either 20,000 shares of Class A Common Stock or 20,000 shares or Class C Common Stock at an exercise price of $5.05 per share. This option reflects the reporting person's election to have an option for 20,000 shares of Class C Common Stock, 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.
F6 This option was granted on November 30, 2018 as an option for either 25,000 shares of Class A Common Stock or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.
F7 This option was granted on March 27, 2020 as an option for either 40,000 shares of Class A Common Stock or 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.
F8 This option was granted on December 3, 2021 as an option for either 60,000 shares of Class A Common Stock or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022, July 14, 2023 and July 12, 2024.
F9 This option was granted on December 2, 2022 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 80,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.
F10 This option was granted on December 1, 2023 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $7.99 per share. This option reflects the reporting person's election to have an option for 80,000 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024.
F11 This option was granted on December 6, 2024 as an option for either 6,950 shares of Class A Common Stock or 6,950 shares of Class C Common Stock at an exercise price of $14.39 per share. This option reflects the reporting person's election to have an option for 6,950 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 6, 2025.
F12 This option was granted on December 6, 2024 as an option for either 73,050 shares of Class A Common Stock or 73,050 shares of Class C Common Stock at an exercise price of $13.08 per share. This option reflects the reporting person's election to have an option for 73,050 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 6, 2025.