SEC Form 4 · accession 0001096906-18-000534

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

Sep 12, 2018

Accepted (ET)

Sep 14, 2018 · 5:15 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
Class A Common Stock	Sep 12, 2018	M	2,872	$3.75	A	4,246	D
Class A Common Stock	Sep 12, 2018	M	1,277	$3.75	A	5,523	D
Class A Common Stock	Sep 14, 2018	S	950	$5.31	D	4,573	D
Class A Common Stock	Sep 14, 2018	S	3,000	$5.30	D	1,573	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	$5.46	Dec 7, 2012	A	1,341	A	Dec 7, 2013	Dec 7, 2022	Class A Common Stock	1,341	1,341	D
Director Stock Option (right to buy)^F2	$3.75	Dec 6, 2013	M	2,872	D	Dec 6, 2014	Dec 6, 2023	Class A Common Stock	2,872	0	D
Director Stock Option (right to buy)^F3	$3.75	Dec 7, 2013	M	1,277	D	Dec 7, 2014	Dec 7, 2023	Class A Common Stock	1,277	0	D
Director Stock Option (right to buy)^F4	$4.09	Dec 5, 2014	A	6,078	A	Dec 5, 2015	Dec 5, 2024	Class A Common Stock	6,078	6,078	D
Director Stock Option (right to buy)^F5	$4.09	Dec 7, 2014	A	1,216	A	Dec 7, 2015	Dec 7, 2024	Class A Common Stock	1,216	1,216	D
Director Stock Option (right to buy)^F6	$5.76	Dec 4, 2015	A	5,789	A	Dec 4, 2016	Dec 4, 2025	Class A Common Stock	5,789	5,789	D
Director Stock Option (right to buy)^F7	$5.76	Dec 7, 2015	A	1,158	A	Dec 7, 2016	Dec 7, 2025	Class A Common Stock	1,158	1,158	D
Director Stock Option (right to buy)^F8	$6.35	Dec 2, 2016	A	5,513	A	Dec 2, 2017	Dec 2, 2026	Class A Common Stock	5,513	5,513	D
Director Stock Option (right to buy)^F9	$6.64	Dec 7, 2016	A	1,103	A	Dec 7, 2017	Dec 7, 2026	Class A Common Stock	1,103	1,103	D
Director Stock Option (right to buy)^F10	$4.80	Dec 7, 2017	A	1,050	A	Dec 1, 2018	Dec 1, 2027	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, February 5, 2016, February 3, 2017, and February 2, 2018.
F10This option was granted on December 1, 2017 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 $5.05 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 2, 2018. This option vests on December 1, 2018.
F2This 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, February 5, 2016, February 3, 2017, and February 2, 2018.
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, February 5, 2016, February 3, 2017, and February 2, 2018.
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, February 5, 2016, February 3, 2017, and February 2, 2018.
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, February 5, 2016, February 3, 2017, and February 2, 2018.
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 5% stock dividends paid on February 5, 2016, February 3, 2017, and February 2, 2018.
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 5% stock dividends paid on February 5, 2016, February 3, 2017, and February 2, 2018.
F8This option was granted on December 2, 2016 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 $7.03 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 3, 2017 and February 2, 2018.
F9This option was granted on December 7, 2016 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 $7.36 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 3, 2017 and February 2, 2018.