SEC Form 4 · accession 0001096906-15-001068

SECURITY NATIONAL FINANCIAL CORP · SNFCA

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

Reporting owner

Norman G Wilbur

Director

Period of report

Oct 9, 2015

Accepted (ET)

Oct 20, 2015 · 4:07 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
Class A Common Stock	Oct 9, 2015	S	2,530	$6.40	D	691	D
Class A Common Stock	Oct 9, 2015	S	300	$6.46	D	391	D
Class A Common Stock	Oct 9, 2015	S	200	$6.45	D	191	D
Class A Common Stock	Oct 15, 2015	M	1,552	$3.39	A	1,743	D
Class A Common Stock	Oct 15, 2015	M	1,478	$2.52	A	3,221	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Director Stock Option (right to buy)^F1	$3.39	Dec 7, 2006	M	1,552	D	Dec 7, 2007	Dec 7, 2016	Class A Common Stock	1,552	0	D
Director Stock Option (right to buy)^F2	$2.52	Dec 7, 2007	M	1,478	D	Dec 7, 2008	Dec 7, 2017	Class A Common Stock	1,478	0	D
Director Stock Option (right to buy)^F3	$2.72	Mar 31, 2008	A	3,519	A	Mar 31, 2009	Mar 31, 2018	Class A Common Stock	3,519	3,519	D
Director Stock Option (right to buy)^F4	$2.75	Dec 7, 2009	A	1,318	A	Dec 7, 2010	Dec 7, 2019	Class A Common Stock	1,318	1,318	D
Director Stock Option (right to buy)^F5	$6.37	Dec 7, 2012	A	1,158	A	Dec 7, 2013	Dec 7, 2022	Class A Common Stock	1,158	1,158	D
Director Stock Option (right to buy)^F6	$4.38	Dec 6, 2013	A	5,338	A	Dec 6, 2014	Dec 6, 2023	Class A Common Stock	5,338	5,338	D
Director Stock Option (right to buy)^F7	$4.38	Dec 7, 2013	A	1,103	A	Dec 7, 2014	Dec 7, 2023	Class A Common Stock	1,103	1,103	D
Director Stock Option (right to buy)^F8	$4.77	Dec 5, 2014	A	5,250	A	Dec 5, 2015	Dec 5, 2024	Class A Common Stock	5,250	5,250	D
Director Stock Option (right to buy)^F9	$4.77	Dec 7, 2014	A	1,050	A	Dec 7, 2015	Dec 7, 2024	Class A Common Stock	1,050	1,050	D

Explanation of responses

F1This option was granted on December 7, 2006 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $5.31 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Stock Option Plan to reflect 5% stock dividends paid on February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015.
F2This option was granted on December 7, 2007 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.75 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015.
F3This option was granted on March 31, 2008 as an option to purchase 2,500 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015.
F4This option was granted on December 7, 2009 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015. On April 13, 2015, the reporting person exercised part of this option to purchase 23 shares of Class A Common Stock.
F5This option was granted on December 7, 2012 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $7.42 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014 and February 6, 2015.
F6This option was granted on December 6, 2013 as an option to purchase 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect a 5% stock option paid on February 7, 2014 and February 6, 2015.
F7This option was granted on December 7, 2013 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014 and February 6, 2015.
F8This option was granted on December 5, 2014 as an option to purchase 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 6, 2015. This option vests on December 5, 2015.
F9This option was granted on December 7, 2014 as an option to purchase 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 6, 2015. This option vests on December 7, 2015.