SEC Form 4 · accession 0001096906-15-000028
SECURITY NATIONAL FINANCIAL CORP · SNFCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S. Andrew Quist
Officer — VP; Assoc. Gen. Counsel · Director
Period of report
Dec 5, 2014
Accepted (ET)
Jan 7, 2015 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000318673
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.12 | Dec 2, 2011 | A | 17,365 | A | Mar 2, 2012 | Dec 2, 2021 | Class A Common Stock | 17,365 | 17,365 | D |
| Employee Stock Option (right to buy)F2 | $1.41 | Apr 13, 2012 | A | 16,538 | A | Jul 13, 2012 | Apr 13, 2022 | Class A Common Stock | 16,538 | 16,538 | D |
| Employee Stock Option (right to buy)F3 | $4.61 | Dec 6, 2013 | A | 10,500 | A | Mar 6, 2014 | Dec 6, 2023 | Class A Common Stock | 10,500 | 10,500 | D |
| Employee Stock Option (right to buy)F4 | $4.29 | Jul 2, 2014 | A | 10,000 | A | Oct 2, 2014 | Jul 2, 2024 | Class A Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (right to buy)F5 | $5.02 | Dec 5, 2014 | A | 20,000 | A | Mar 15, 2015 | Dec 5, 2024 | Class A Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1This option was originally reported as an option for 15,000 shares of Class A Common Stock at an exercise price of $1.30 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013 and February 7, 2014.
- F2This option was granted on April 14, 2012 as an option for 15,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013 and February 7, 2014.
- F3This option was granted on December 6, 2013 as an option for 10,000 shares of Class A Common Stock at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2014. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 6, 2014, until such shares are fully vested.
- F4This option was granted on July 2, 2014 as an option for 10,000 shares of Class A Common Stock at an exercise price of $4.29 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on October 2, 2014, until such shares are fully vested.
- F5This option was granted on December 5, 2014 as an option for 20,000 shares of Class A Common Stock at an exercise price of $5.02 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 5, 2015, until such shares are fully vested.