SEC Form 4 · accession 0001096906-16-001533
SECURITY NATIONAL FINANCIAL CORP · SNFCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason G. Overbaugh
Officer — VP; Nat. Mrkt. Dir Life Ins · Director
Period of report
Feb 5, 2016
Accepted (ET)
Apr 7, 2016 · 11:16 am 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 | 3,603 | $5.80 | A | 75,661 | 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 | 11,576 | A | Mar 6, 2014 | Dec 6, 2023 | Class A Common Stock | 11,576 | 11,576 | D |
| Employee Stock Option (right to buy)F4 | $3.88 | Jul 2, 2014 | A | 11,025 | A | Oct 2, 2014 | Jul 2, 2024 | Class A Common Stock | 11,025 | 11,025 | D |
| Employee Stock Option (right to buy)F5 | $4.53 | Dec 5, 2014 | A | 22,050 | A | Mar 5, 2015 | Dec 5, 2024 | Class A Common Stock | 22,050 | 22,050 | D |
| Employee Stock Option (right to buy)F6 | $6.38 | Dec 4, 2015 | A | 21,000 | A | Mar 4, 2016 | Dec 4, 2025 | Class A Common Stock | 21,000 | 21,000 | D |
Explanation of responses
- F1Received pursuant to a stock dividend paid on February 5, 2016.
- F2Does not include 72,246 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan and the Deferred Compensation Plan.
- F3This option was granted on December 6, 2013 as an option to purchase 10,000 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 10,000 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 20,000 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 20,000 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.