0001096906-24-000220.txt : 20240216 0001096906-24-000220.hdr.sgml : 20240216 20240216150338 ACCESSION NUMBER: 0001096906-24-000220 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240129 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Quist S. Andrew CENTRAL INDEX KEY: 0001588309 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09341 FILM NUMBER: 24647709 MAIL ADDRESS: STREET 1: 272 EAST BROADLEAF CIRCLE CITY: DRAPER STATE: UT ZIP: 84020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY NATIONAL FINANCIAL CORP CENTRAL INDEX KEY: 0000318673 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 02 Finance IRS NUMBER: 870345941 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: PO BOX 57220 CITY: SALT LAKE CITY STATE: UT ZIP: 84157 BUSINESS PHONE: 8012641060 MAIL ADDRESS: STREET 1: PO BOX 57220 CITY: SALT LAKE CITY STATE: UT ZIP: 84157 FORMER COMPANY: FORMER CONFORMED NAME: SNL FINANCIAL CORP DATE OF NAME CHANGE: 19910401 4 1 form4.xml PRIMARY DOCUMENT X0508 4 2024-01-29 0 0000318673 SECURITY NATIONAL FINANCIAL CORP SNFCA 0001588309 Quist S. Andrew 3936 S. HALE DR. MILLCREEK UT 84124 1 1 0 0 Vice President/General Counsel 0 Class A Common Stock 2024-01-29 4 G 0 8000.0000 8.2500 D 43623.0000 D Employee Stock Option (right to buy) 2.6400 2014-07-02 4 A 0 15901.0000 2.6400 A 2014-10-02 2024-07-02 Class A Common Stock 15901.0000 15901.0000 D Employee Stock Option (right to buy) 3.1000 2014-12-05 4 A 0 31803.0000 3.1000 A 2015-03-05 2024-12-05 Class A Common Stock 31803.0000 47704.0000 D Employee Stock Option (right to buy) 4.3500 2015-12-04 4 A 0 30289.0000 4.3500 A 2016-03-04 2025-12-04 Class A Common Stock 30289.0000 77993.0000 D Employee Stock Option (right to buy) 4.7900 2016-12-02 4 A 0 28847.0000 4.7900 A 2017-03-02 2026-12-02 Class A Common Stock 28847.0000 106840.0000 D Employee Stock Option (right to buy) 3.6200 2017-12-01 4 A 0 27473.0000 3.6200 A 2018-03-01 2027-12-01 Class C Common Stock 27473.0000 134313.0000 D Employee Stock Option (right to buy) 4.1700 2018-11-30 4 A 0 32705.0000 4.1700 A 2019-02-28 2028-11-30 Class C Common Stock 32705.0000 167018.0000 D Employee Stock Option (right to buy) 4.3400 2019-12-06 4 A 0 49836.0000 4.3400 A 2020-03-06 2029-12-06 Class C Common Stock 49836.0000 216854.0000 D Employee Stock Option (right to buy) 3.1500 2020-03-27 4 A 0 47463.0000 3.1500 A 2020-06-27 2030-03-27 Class C Common Stock 47463.0000 264317.0000 D Employee Stock Option (right to buy) 7.7800 2021-12-03 4 A 0 66150.0000 7.7800 A 2022-03-03 2031-12-03 Class C Common Stock 66150.0000 330467.0000 D Employee Stock Option (right to buy) 6.1600 2022-12-02 4 A 0 84000.0000 6.1600 A 2023-03-02 2032-12-02 Class C Common Stock 84000.0000 414467.0000 D Employee Stock Option (right to buy) 7.9900 2023-12-01 4 A 0 80000.0000 7.9900 A 2024-03-01 2033-12-01 Class C Common Stock 80000.0000 494467.0000 D Does not include 93,292 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan. This option was granted on July 2, 2014 as an option for 10,000 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, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 5, 2014 as an option for 20,000 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, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 4, 2015 as an option for 20,000 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 2, 2016 as an option for 20,000 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 1, 2017 as an option for either 20,000 shares of Class A Common Stock or 20,000 shares or Class C Common Stock at an exercise price of $5.05 per share. This option reflects the reporting person's election to have an option for 20,000 shares of Class C Common Stock, 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 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on November 30, 2018 as an option for either 25,000 shares of Class A Common Stock or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 6, 2019 as an option for either 40,000 shares of Class A Common Stock or 40,000 shares of Class C Common Stock at an exercise price of $5.46 per share. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on March 27, 2020 as an option for either 40,000 shares of Class A Common Stock or 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022 and July 14, 2023. This option was granted on December 3, 2021 as an option for either 60,000 shares of Class A Common Stock or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022 and July 14, 2023. This option was granted on December 2, 2022 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 80,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023. The option was granted on December 01, 2023 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $7.99 per share. This option reflects the reporting person's election to have an option for 80,000 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 01, 2024. /s/ Andrew Quist 2024-02-16