SEC Form 4 · accession 0001096906-15-000433
SECURITY NATIONAL FINANCIAL CORP · SNFCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garrett S. Sill
Officer — CFO and Treasurer
Period of report
Feb 6, 2015
Accepted (ET)
Apr 28, 2015 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000318673
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Feb 6, 2015 | J | 1,577 | $5.02 | A | 33,120 | D |
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)F3 | $4.38 | Dec 6, 2013 | A | 4,410 | A | Mar 6, 2014 | Dec 6, 2023 | Class A Common Stock | 4,410 | 4,410 | D |
| Employee Stock Option (right to buy)F4 | $4.08 | Jul 2, 2014 | A | 4,200 | A | Oct 2, 2014 | Jul 2, 2024 | Class A Common Stock | 4,200 | 4,200 | D |
| Employee Stock Option (right to buy)F5 | $4.77 | Dec 5, 2014 | A | 8,400 | A | Mar 5, 2015 | Dec 5, 2024 | Class A Common Stock | 8,400 | 8,400 | D |
Explanation of responses
- F1Received pursuant to a stock dividend paid on February 6, 2015.
- F2Does not include 10,406 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan and the Employee Stock Ownership Plan (ESOP).
- F3This option was granted on December 6, 2013 as an option for 4,000 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 2013 Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014 and February 6, 2015.
- F4This option was granted on July 2, 2014 as an option for 4,000 shares of Class A Common Stock at an exercise price of $4.29 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 6, 2015. 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 8,000 shares of Class A Common Stock at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 6, 2015. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 5, 2015, until such shares are fully vested.