SEC Form 4 · accession 0001096906-17-000790

SECURITY NATIONAL FINANCIAL CORP · SNFCA

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

Reporting owner

Garrett S. Sill

Officer — CFO and Treasurer

Period of report

Dec 1, 2017

Accepted (ET)

Dec 14, 2017 · 9:30 am 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	$3.95	Dec 6, 2013	A	4,863	A	Mar 6, 2014	Dec 6, 2023	Class A Common Stock	4,863	4,863	D
Employee Stock Option (right to buy)^F2	$3.69	Jul 2, 2014	A	4,631	A	Oct 2, 2014	Jul 2, 2024	Class A Common Stock	4,631	4,631	D
Employee Stock Option (right to buy)^F3	$4.30	Dec 5, 2014	A	9,261	A	Mar 5, 2015	Dec 5, 2024	Class A Common Stock	9,261	9,261	D
Employee Stock Option (right to buy)^F4	$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)^F5	$6.68	Dec 2, 2016	A	10,500	A	Mar 2, 2017	Dec 2, 2026	Class A Common Stock	10,500	10,500	D
Employee Stock Option (right to buy)^F6	$5.05	Dec 1, 2017	A	15,000	A	Mar 1, 2018	Dec 1, 2027	Class C Common Stock	15,000	15,000	D

Explanation of responses

F1This option was granted on December 6, 2013 as an option for 4,000 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.
F2This option was granted on July 2, 2014 as an option for 4,000 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.
F3This option was granted on December 5, 2014 as an option for 8,000 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.
F4This 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.
F5This option was granted on December 2, 2016 as an option for 10,000 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.
F6This option was granted on December 1, 2017 as an option for either 15,000 shares of Class A Common Stock at an exercise price of $5.05 per share or 15,000 shares of Class C Common Stock at an exercise price of $5.05 per share, or any combination thereof. This option reflects the reporting person s election to have an option for 15,000 shares of Class C Common Stock at an exercise price of $5.05 per share. This option vests in four equal quarterly installments of Class C Common Stock, beginning on March 1, 2018, until such shares are fully vested.