Stephen C. Johnson - Nov 9, 2021 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: VP - Mortgage Operations
Signature: /s/ Stephen C. Johnson
Stock symbol: SNFCA
Transactions as of: Nov 9, 2021
Transactions value $: $315,329
Form type: 4
Date filed: 11/17/2021, 05:38 PM
Previous filing: Oct 21, 2021
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNFCA	Class A Common Stock	Options Exercise	$41.2K	+4.33K	+50.3%	$9.53	12.9K	Nov 9, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$14.3K	+4.54K		$3.14^*	4.54K	Dec 6, 2013	Class A Common Stock	4.54K	$3.14	Direct	F2
transaction	SNFCA	Employee Stock Option (right to buy)	Options Exercise	-$12.7K	-4.33K	-100%	$2.93^*	0	Jul 2, 2014	Class A Common Stock	4.33K	$2.93	Direct	F3
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$29.7K	+8.65K		$3.43^*	8.65K	Dec 5, 2014	Class A Common Stock	8.65K	$3.43	Direct	F4
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$66.2K	+13.7K		$4.82^*	13.7K	Dec 4, 2015	Class A Common Stock	13.7K	$4.82	Direct	F5
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$34.7K	+6.54K		$5.31^*	6.54K	Dec 2, 2016	Class A Common Stock	6.54K	$5.31	Direct	F6
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$50K	+12.5K		$4.01^*	12.5K	Dec 1, 2017	Class A Common Stock	12.5K	$4.01	Direct	F7
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$54.4K	+11.3K		$4.81	11.3K	Dec 6, 2019	Class A Common Stock	11.3K	$4.81	Direct	F8
transaction	SNFCA	Employee Stock Option (right to buy)	Award	$37.6K	+10.8K		$3.49	10.8K	Mar 27, 2020	Class A Common Stock	10.8K	$3.49	Direct	F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Owned through a trust by the reporting person and his wife. Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, and shares of Class A Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), and shares of Class A Common Stock owned indirectly by the reporting person in the Non-Qualified Deferred Compensation Plan.
F2	This option was granted on December 6, 2013 as an option for 3,000 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 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, 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.
F3	This option was granted on July 2, 2014 as an option for 3,000 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 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 5, 2014 as an option for 6,000 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 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 December 4, 2015 as an option for 10,000 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.
F6	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.
F7	This option was granted on December 1, 2017 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions in 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.
F8	This option was granted on December 6, 2019 as an option for 10,000 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% 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.
F9	This option was granted on March 27, 2020 as an option for 10,000 shares of Class A Common Stock at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions in the 2013 Stock Option Plan to reflect a 5% 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. This option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested.