SEC Form 4 · accession 0001096906-18-000678

SECURITY NATIONAL FINANCIAL CORP · SNFCA

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

Reporting owner

Q. Overbaugh Christie

Officer — Sr. VP Life Ins. Inter. Op.

Period of report

Oct 17, 2018

Accepted (ET)

Dec 3, 2018 · 11:56 am EST

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^F1	Oct 17, 2018	M	6,078	$3.51	A	138,406	D
Class A Common Stock^F1	Oct 17, 2018	F	3,736	$5.71	D	134,670	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)^F2	$3.75	Dec 6, 2013	A	6,382	A	Mar 6, 2014	Dec 6, 2023	Class A Common Stock	6,382	6,382	D
Employee Stock Option (right to buy)^F3	$3.51	Jul 2, 2014	M	6,078	D	Oct 2, 2014	Jul 2, 2024	Class A Common Stock	6,078	0	D
Employee Stock Option (right to buy)^F4	$4.09	Dec 5, 2014	A	12,155	A	Mar 5, 2015	Dec 5, 2024	Class A Common Stock	12,155	12,155	D
Employee Stock Option (right to buy)^F5	$5.76	Dec 4, 2015	A	8,104	A	Mar 4, 2016	Dec 4, 2025	Class A Common Stock	8,104	8,104	D
Employee Stock Option (right to buy)^F6	$6.35	Dec 2, 2016	A	5,513	A	Mar 2, 2017	Dec 2, 2026	Class A Common Stock	5,513	5,513	D
Employee Stock Option (right to buy)^F7	$4.80	Dec 1, 2017	A	5,250	A	Mar 1, 2018	Dec 1, 2027	Class A Common Stock	5,250	5,250	D

Explanation of responses

F1Of these shares of Class A Common Stock, 38,386 shares are held jointly by the reporting person with a son and a daughter. Does not include 126,129 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 Deferred Compensation Plan and 30,392 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP).
F2This 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, February 5, 2016, February 3, 2017, and February 2, 2018.
F3This 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, February 5, 2016, February 3, 2017, and February 2, 2018.
F4This 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, February 5, 2016, February 3, 2017, and February 2, 2018.
F5This 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 5% stock dividends paid on February 5, 2016, February 3, 2017, and February 2, 2018.
F6This 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, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017 and February 2, 2018.
F7This option was granted on December 1, 2017 as an option to purchase 5,000 shares of Class A Common Stock at an exercise price of $5.05 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 2, 2018. This option fully vests on December 1, 2018