4//SEC Filing
QUIST SCOTT M 4
Accession 0001096906-24-002296
CIK 0000318673other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 12:57 PM ET
Size
22.6 KB
Accession
0001096906-24-002296
Insider Transaction Report
Form 4
QUIST SCOTT M
DirectorPresident, Chief Operating Of10% Owner
Transactions
- Exercise/Conversion
Class C Common Stock
2024-11-26$3.14/sh+62,295$195,606→ 116,377 total - Disposition to Issuer
Employee Stock Option (right to buy)
2020-03-27$3.14/sh−62,295$195,606→ 0 totalExercise: $3.14From: 2020-06-27Exp: 2025-03-27→ Class C Common Stock (62,295 underlying) - Other
Class C Common Stock
2024-11-26$13.06/sh−36,614$478,179→ 145,173 total - Exercise/Conversion
Class C Common Stock
2024-11-26$4.32/sh+65,410$282,571→ 181,787 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-06$4.32/sh−65,410$282,571→ 0 totalExercise: $4.32From: 2020-03-06Exp: 2024-12-06→ Class C Common Stock (65,410 underlying) - Award
Employee Stock Option (right to buy)
2023-12-01$7.97/sh+68,250$543,953→ 197,794 totalExercise: $7.97From: 2024-03-01Exp: 2029-12-01→ Class C Common Stock (68,250 underlying) - Award
Employee Stock Option (right to buy)
2021-12-03$8.13/sh+57,881$470,573→ 57,881 totalExercise: $8.13From: 2022-03-03Exp: 2026-12-03→ Class C Common Stock (57,881 underlying) - Award
Employee Stock Option (right to buy)
2022-12-02$6.14/sh+71,663$440,011→ 129,544 totalExercise: $6.14From: 2023-03-02Exp: 2028-12-02→ Class C Common Stock (71,663 underlying)
Footnotes (8)
- [F1]The reporting person borrowed 36,614 shares of Class C Common Stock from the George and Shirley Quist Partnership, LTD and subsequently repaid those shares back to the Partnership at the time of the stock issuance.
- [F2]Does not include 343,791 shares of Class A Common Stock and 93,432 shares of Class C Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.
- [F3]Includes 54,082 shares of Class A Common Stock and 91,091 shares of Class C Common Stock.
- [F4]This option was granted on December 6, 2019 as an option for either 50,000 shares of Class A Common Stock or 50,000 shares of Class C Common Stock at an exercise price of $6.01 per share. This option reflects the reporting person's election to have an option for 50,000 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 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
- [F5]This option was granted on March 27, 2020 as an option for either 50,000 shares of Class A Common Stock or 50,000 shares of Class C Common Stock at an exercise price of $4.16 per share. This option reflects the reporting person's election to have an option for 50,000 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; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
- [F6]This option was granted on December 3, 2021 as an option for either 50,000 shares of Class A Common Stock or 50,000 shares of Class C Common Stock at an exercise price of $9.48 per share. This option reflects the reporting person's election to have an option for 50,000 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 8, 2022, July 14, 2023 and July 12, 2024.
- [F7]This option was granted on December 2, 2022 as an option for either 65,000 shares of Class A Common Stock or 65,000 shares of Class C Common Stock at an exercise price of $6.80 per share. This option reflects the reporting person's election to have an option for 65,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.
- [F8]This option was granted on December 1, 2023 as an option for either 65,000 shares of Class A Common Stock or 65,000 shares of Class C Common Stock at an exercise price of $8.39 per share. This option reflects the reporting person's election to have an option for 65,000 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024. The options vest in four equal quarterly installments, beginning on March 1, 2024.
Documents
Issuer
SECURITY NATIONAL FINANCIAL CORP
CIK 0000318673
Entity typeother
Related Parties
1- filerCIK 0001268844
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 12:57 PM ET
- Size
- 22.6 KB