Home/Filings/4/0001096906-24-002307
4//SEC Filing

Sill Garrett S. 4

Accession 0001096906-24-002307

CIK 0000318673other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 12:14 PM ET

Size

22.3 KB

Accession

0001096906-24-002307

Insider Transaction Report

Form 4
Period: 2024-12-06
Sill Garrett S.
Acting CFO
Transactions
  • Award

    Employee Stock Option (right to buy)

    2019-12-06$4.12/sh+32,704$134,74060,176 total
    Exercise: $4.12From: 2020-03-06Exp: 2029-12-06Class C Common Stock (32,704 underlying)
  • Award

    Employee Stock Option (right to buy)

    2023-12-01$7.59/sh+42,000$318,780206,640 total
    Exercise: $7.59From: 2024-03-01Exp: 2033-12-01Class C Common Stock (42,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2018-11-30$3.96/sh+27,472$108,78927,472 total
    Exercise: $3.96From: 2019-02-28Exp: 2028-11-30Class C Common Stock (27,472 underlying)
  • Award

    Employee Stock Option (right to buy)

    2021-12-03$7.39/sh+34,729$256,647126,052 total
    Exercise: $7.39From: 2022-03-03Exp: 2031-12-03Class C Common Stock (34,729 underlying)
  • Award

    Employee Stock Option (right to buy)

    2022-12-02$5.85/sh+38,588$225,740164,640 total
    Exercise: $5.85From: 2023-03-02Exp: 2032-12-02Class C Common Stock (38,588 underlying)
  • Award

    Employee Stock Option (right to buy)

    2024-12-06$13.08/sh+65,000$850,200271,640 total
    Exercise: $13.08From: 2025-03-06Exp: 2034-12-06Class C Common Stock (65,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2020-03-27$2.99/sh+31,147$93,13091,323 total
    Exercise: $2.99From: 2020-06-27Exp: 2030-03-27Class C Common Stock (31,147 underlying)
Footnotes (7)
  • [F1]This option was granted on November 30, 2018 as an option for either 20,000 shares of Class A Common Stock or 20,000 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 20,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend 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, July 8, 2022, July 14, 2023 and July 12, 2024.
  • [F2]This option was granted on December 6, 2019 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 $5.46 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 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, July 8,2022, July 14, 2023 and July 12, 2024.
  • [F3]This option was granted on March 27, 2020 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 $3.76 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 rights of the 2013 Stock Option Plan to reflect a 2 1/2% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16,2021, July 8, 2022, July 14, 2023 and July 12, 2024.
  • [F4]This option was granted on December 2, 2022 as an option for either 35,000 shares of Class A Common Stock or 35,000 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 35,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.
  • [F5]This option was granted on December 3, 2021 as an option for either 30,000 shares of Class A Common Stock or 30,000 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 30,000 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.
  • [F6]This option was granted on December 1, 2023 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 $7.99 per share. This option reflects the reporting person's election to have an option for 40,000 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.
  • [F7]This option was granted on December 6, 2024 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 $13.08 per share. This option reflects the reporting person's election to have an option for 65,000 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 6, 2025.

Issuer

SECURITY NATIONAL FINANCIAL CORP

CIK 0000318673

Entity typeother

Related Parties

1
  • filerCIK 0001568673

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 12:14 PM ET
Size
22.3 KB