SEC Form 4 · accession 0001096906-16-001532
SECURITY NATIONAL FINANCIAL CORP · SNFCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Q. Overbaugh Christie
Officer — Sr. VP of Operations
Period of report
Feb 5, 2016
Accepted (ET)
Apr 6, 2016 · 5:21 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 5, 2016 | J | 5,716 | $5.80 | A | 120,026 | 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 | $4.16 | Dec 6, 2013 | A | 5,789 | A | Mar 6, 2014 | Dec 6, 2023 | Class A Common Stock | 5,789 | 5,789 | D |
| Employee Stock Option (right to buy)F4 | $3.88 | Jul 2, 2014 | A | 5,513 | A | Oct 2, 2014 | Jul 2, 2024 | Class A Common Stock | 5,513 | 5,513 | D |
| Employee Stock Option (right to buy)F5 | $4.53 | Dec 5, 2014 | A | 11,025 | A | Mar 5, 2015 | Dec 5, 2024 | Class A Common Stock | 11,025 | 11,025 | D |
| Employee Stock Option (right to buy)F6 | $6.38 | Dec 4, 2015 | A | 7,350 | A | Mar 4, 2016 | Dec 4, 2025 | Class A Common Stock | 7,350 | 7,350 | D |
Explanation of responses
- F1Received pursuant to a stock dividend paid on February 5, 2016.
- F2Does not include 111,340 shares of Class A Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), the 401(k) Retirement Savings Plan and the Deferred Compensation Plan. Also does not include 22,537 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP).
- 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, February 6, 2015 and February 5, 2016.
- 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 5% stock dividends paid on February 6, 2015 and February 5, 2016.
- 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 5% stock dividends paid on February 6, 2015 and February 5, 2016.
- F6This option was granted on December 4, 2015 as an option to purchase 7,000 shares of Class A Common Stock at an exercise price of $6.72 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 5, 2016. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 4, 2016, until such shares are fully vested.