SEC Form 4 · accession 0001096906-16-001548
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
Apr 14, 2016
Accepted (ET)
Apr 19, 2016 · 2:28 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 Stock | Apr 14, 2016 | S | 420 | $5.05 | D | 3,320 | 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 | $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)F2 | $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)F3 | $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)F4 | $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)F5 | $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)F6 | $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)F7 | $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 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.
- F2This 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.
- F3This 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.
- F4This 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.
- F5This 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.
- F6This 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.
- F7This 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.