SEC Form 4 · accession 0001096906-17-000281

SECURITY NATIONAL FINANCIAL CORP · SNFCA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Stephen Charles Johnson

Officer — Gen. Counsel & Corp. Sec

Period of report

Dec 2, 2016

Accepted (ET)

Apr 28, 2017 · 11:49 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 Stock^F2	Feb 3, 2017	J	146	$7.03	A	3,076	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	$1.21	Apr 13, 2012	A	3,829	A	Jul 13, 2012	Apr 13, 2022	Class A Common Stock	3,829	3,829	D
Employee Stock Option (right to buy)^F4	$3.95	Dec 6, 2013	A	3,647	A	Mar 6, 2014	Dec 6, 2023	Class A Common Stock	3,647	3,647	D
Employee Stock Option (right to buy)^F5	$3.69	Jul 2, 2014	A	3,473	A	Oct 2, 2014	Jul 2, 2024	Class A Common Stock	3,473	3,473	D
Employee Stock Option (right to buy)^F6	$4.30	Dec 5, 2014	A	6,946	A	Mar 5, 2015	Dec 5, 2024	Class A Common Stock	6,946	6,946	D
Employee Stock Option (right to buy)^F7	$6.06	Dec 4, 2015	A	11,025	A	Mar 4, 2016	Dec 4, 2025	Class A Common Stock	11,025	11,025	D
Employee Stock Option (right to buy)^F8	$6.68	Dec 2, 2016	A	5,250	A	Mar 2, 2017	Dec 2, 2026	Class A Common Stock	5,250	5,250	D

Explanation of responses

F1Received pursuant to a stock dividend paid on February 3, 2017.
F2Owned through a trust by the reporting person and his wife. Does not include 20,724 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 Non-Qualified Defined Compensation Plan.
F3This option was granted on April 13, 2012 as an option for 3,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.
F4This option was granted on December 6, 2013 as an option for 3,000 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 2013 Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.
F5This option was granted on July 2, 2014 as an option for 3,000 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, February 5, 2016 and February 3, 2017.
F6This option was granted on December 5, 2014 as an option for 6,000 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, February 5, 2016 and February 3, 2017.
F7This option was granted on December 4, 2015 as an option for 10,000 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 5% stock dividends paid on February 5, 2016 and February 3, 2017.
F8This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $7.03 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 3, 2017. This option vests in four equal quarterly installments of Class A common Stock, beginning on March 2, 2017, until such shares are fully vested.