SEC Form 4 · accession 0001096906-16-002100
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
Dec 2, 2016
Accepted (ET)
Dec 19, 2016 · 7:02 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 | $4.16 | 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)F2 | $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)F3 | $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)F4 | $6.38 | Dec 4, 2015 | A | 7,350 | A | Mar 4, 2016 | Dec 4, 2025 | Class A Common Stock | 7,350 | 7,350 | D |
| Employee Stock Option (right to buy)F5 | $7.03 | Dec 2, 2016 | A | 5,000 | A | Mar 2, 2017 | Dec 2, 2026 | Class A Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1This 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.
- F2This 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.
- F3This 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.
- F4This 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.
- F5This option was granted on December 2, 2016 as an option to purchase 5,000 shares of Class A Common Stock at an exercise price of $7.03 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 2, 2017, until such shares are fully vested.