SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2021

Aug 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2021-07-08

Reporting Person: Stephens Jeffrey Russell (Sr Gen Counsel/Corp Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-08	Class A Common Stock	M	3787	$8.55	Acquired	4792	Direct
2021-07-08	Class A Common Stock	M	3607	$8.55	Acquired	8399	Direct
2021-07-16	Class A Common Stock	J	420	$8.52	Acquired	8819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-13	Employee Stock Option (right to buy)	$1.01	M	3787	Disposed	2022-04-13	Class A Common Stock (3787)	Direct
2013-12-06	Employee Stock Option (right to buy)	$3.3	M	3607	Disposed	2023-12-06	Class A Common Stock (3607)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.08	A	3435	Acquired	2024-07-02	Class A Common Stock (3435)	Direct
2014-12-05	Employee Stock Option (right to buy)	$3.61	A	6869	Acquired	2024-12-05	Class A Common Stock (6869)	Direct
2015-12-04	Employee Stock Option (right to buy)	$5.07	A	6542	Acquired	2025-12-04	Class A Common Stock (6542)	Direct
2016-12-02	Employee Stock Option (right to buy)	$5.59	A	6230	Acquired	2026-12-02	Class A Common Stock (6230)	Direct
2017-12-01	Employee Stock Option (right to buy)	$4.22	A	5934	Acquired	2027-12-01	Class A Common Stock (5934)	Direct
2018-11-30	Employee Stock Option (right to buy)	$4.86	A	8476	Acquired	2028-11-30	Class A Common Stock (8476)	Direct
2019-12-06	Employee Stock Option (right to buy)	$5.06	A	8072	Acquired	2029-12-06	Class A Common Stock (8072)	Direct
2020-03-27	Employee Stock Option (right to buy)	$3.67	A	7688	Acquired	2030-03-27	Class A Common Stock (7688)	Direct

Footnotes

F1: Received pursuant to a 5% stock dividend paid on July 16, 2021.

F2: Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.

F3: This option was granted on April 13, 2012 as an option for 5,000 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, February 3, 2017, February 2, 2018, February 1, 2019, February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F4: This option was granted on December 6, 2013 as an option for 2,500 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 Amended and Restated 2013 Stock Option and Other Equity Incentive Awards Plan (the "2013 Stock Option Plan") to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F5: This option was granted on July 2, 2014 as an option for 2,500 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, February 2, 2018, February 1, 2019, and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F6: This option was granted on December 5, 2014 as an option for 5,000 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 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F7: This option was granted on December 4, 2015 as an option for 5,000 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, February 2, 2018, February 1, 2019, and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F8: This 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 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F9: This option was granted on December 1, 2017 as an option for 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 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F10: This option was granted on November 30, 2018 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F11: This option was granted on December 6, 2019 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on February 7, 2020, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.

F12: This option was granted on March 27, 2020 as an option for 7,500 shares of Class A Common Stock at an exercise price of $3.76 per share; but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on July 17, 2020; and a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.