SEC Form 4 · accession 0001096906-16-001353
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
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 1:19 pm EST
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 | Feb 1, 2016 | S | 2,400 | $5.54 | D | 821 | D | |
| Class A Common Stock | Feb 2, 2016 | M | 3,695 | $2.58 | A | 4,516 | D | |
| Class A Common Stock | Feb 2, 2016 | M | 1,384 | $2.48 | A | 5,900 | 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 | $2.58 | Mar 31, 2008 | M | 3,695 | D | Mar 31, 2009 | Mar 31, 2018 | Class A Common Stock | 3,695 | 0 | D |
| Director Stock Option (right to buy)F2 | $2.48 | Dec 7, 2009 | M | 1,384 | D | Dec 7, 2010 | Dec 7, 2019 | Class A Common Stock | 1,384 | 0 | D |
| Director Stock Option (right to buy)F3 | $6.05 | Dec 7, 2012 | A | 1,216 | A | Dec 7, 2013 | Dec 7, 2022 | Class A Common Stock | 1,216 | 1,216 | D |
| Director Stock Option (right to buy)F4 | $4.16 | Dec 6, 2013 | A | 5,605 | A | Dec 6, 2014 | Dec 6, 2023 | Class A Common Stock | 5,605 | 5,605 | D |
| Director Stock Option (right to buy)F5 | $4.16 | Dec 7, 2013 | A | 1,158 | A | Dec 7, 2014 | Dec 7, 2023 | Class A Common Stock | 1,158 | 1,158 | D |
| Director Stock Option (right to buy)F6 | $4.53 | Dec 5, 2014 | A | 5,513 | A | Dec 5, 2015 | Dec 5, 2024 | Class A Common Stock | 5,513 | 5,513 | D |
| Director Stock Option (right to buy)F7 | $4.53 | Dec 7, 2014 | A | 1,103 | A | Dec 7, 2015 | Dec 7, 2024 | Class A Common Stock | 1,103 | 1,103 | D |
| Director Stock Option (right to buy)F8 | $6.38 | Dec 4, 2015 | A | 5,250 | A | Dec 4, 2016 | Dec 4, 2025 | Class A Common Stock | 5,250 | 5,250 | D |
| Director Stock Option (right to buy)F9 | $6.38 | Dec 7, 2015 | A | 1,050 | A | Dec 7, 2016 | Dec 7, 2025 | Class A Common Stock | 1,050 | 1,050 | D |
Explanation of responses
- F1This 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, February 6, 2015, and February 5, 2016.
- F2This 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, February 6, 2015, and February 5, 2016. On April 13, 2015, the reporting person exercised part of this option to purchase 23 shares of Class A Common Stock.
- F3This 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, February 6, 2015, and February 5, 2016.
- F4This 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 5% stock dividends paid on February 7, 2014, February 6, 2015, and February 5, 2016.
- F5This 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, February 6, 2015, and February 5, 2016.
- F6This 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 5% stock dividends paid on February 6, 2015 and February 5, 2016.
- F7This 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 of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015 and February 5, 2016.
- F8This option was granted on December 4, 2015 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 $6.72 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 5, 2016. This option vests on December 4, 2016.
- F9This option was granted on December 7, 2015 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 $6.72 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 5, 2016. This option vests on December 7, 2016.