SEC Form 4 · accession 0001096906-15-000813

SECURITY NATIONAL FINANCIAL CORP · SNFCA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Q. Overbaugh Christie

Officer — Senior VP of Operations

Period of report

Jul 23, 2015

Accepted (ET)

Jul 27, 2015 · 5:47 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 Stock^F1	Jul 23, 2015	M	5,789	$7.34	A	115,367	D
Class A Common Stock^F1	Jul 23, 2015	F	1,057	$1.34	D	114,310	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)^F2	$1.34	Apr 13, 2012	M	5,789	D	Jul 13, 2012	Apr 13, 2022	Class A Common Stock	5,788	0	D
Employee Stock Option (right to buy)^F3	$4.38	Dec 6, 2013	A	5,513	A	Mar 6, 2014	Dec 6, 2023	Class A Common Stock	5,513	5,513	D
Employee Stock Option (right to buy)^F4	$4.08	Jul 2, 2014	A	5,250	A	Oct 2, 2014	Jul 2, 2024	Class A Common Stock	5,250	5,250	D
Employee Stock Option (right to buy)^F5	$4.77	Dec 5, 2014	A	10,500	A	Mar 5, 2015	Dec 5, 2024	Class A Common Stock	10,500	10,500	D

Explanation of responses

F1Includes 33,159 shares of Class A Common Stock owned indirectly by the reporting person and her son or daughter. Does not include 107,112 shares of Class A Common Stock and 18,451 shares of Class C Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, the Employee Stock Ownership Plan (ESOP), and the Deferred Compensation Plan.
F2This option was granted on April 13, 2012 as an option to purchase 10,000 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, February 7, 2014 and February 6, 2015. On November 4, 2012, the reporting person exercised part of these options to purchase 5,000 shares of Class A Common Stock.
F3This option was granted on December 6, 2013 as an option to purchase 5,000 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 5% stock dividends paid on February 7, 2014 and February 6, 2015.
F4This option was granted on July 2, 2014 as an option to purchase 5,000 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 to purchase 10,000 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.