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SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2018
May 14, 2018
33553_dirs_2018-05-14_e1e5e0a9-6945-4def-b7ce-86996ff23f5c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2018-05-11
Reporting Person: Quist Adam George (VP Mem Serv Asst Sec. Gen Con)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 1959 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $4.3 | 2024-12-05 | Class A Common Stock (2431) | Direct | |
| Employee Stock Option (right to buy) | $6.06 | 2025-12-04 | Class A Common Stock (8103) | Direct | |
| Employee Stock Option (right to buy) | $6.68 | 2026-12-02 | Class A Common Stock (11028) | Direct | |
| Employee Stock Option (right to buy) | $5.05 | 2027-12-01 | Class C Common Stock (15750) | Direct |
Footnotes
F1: Does not include 8,000 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Plan.
F2: This option was granted on December 5, 2014 as an option for 2,000 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.
F3: This option was granted on December 4, 2015 as an option for 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 and February 3, 2017.
F4: This 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.
F5: This 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.