SEC Form 4 · accession 0001096906-15-001307
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
Dec 4, 2015
Accepted (ET)
Dec 31, 2015 · 12:07 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 | $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)F2 | $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)F3 | $4.77 | Dec 5, 2014 | A | 8,400 | A | Mar 5, 2015 | Dec 5, 2024 | Class A Common Stock | 8,400 | 8,400 | D |
| Employee Stock Option (right to buy)F4 | $6.72 | Dec 4, 2015 | A | 10,000 | A | Mar 4, 2016 | Dec 4, 2025 | Class A Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1This 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.
- F2This 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.
- F3This 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.
- F4This option was granted on December 4, 2015 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.72 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 4, 2016, until such shares are fully vested.