5//SEC Filing
QUIST SCOTT M 5
Accession 0001493152-22-003143
CIK 0000318673other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:55 PM ET
Size
30.1 KB
Accession
0001493152-22-003143
Insider Transaction Report
Form 5
QUIST SCOTT M
DirectorPresident, Chief Operating Of10% Owner
Transactions
- Exercise/Conversion
Class C Common Stock
2021-12-01$5.83/sh+104,656$610,144→ 104,656 total - Other
Class A Common Stock
2021-12-29$5.83/sh+69,177$403,302→ 173,833 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-12-02$5.83/sh−104,656$610,144→ 0 totalExercise: $5.83From: 2017-03-02Exp: 2021-12-02→ Class C Common Stock (104,656 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-29$5.83/sh−69,177$403,302→ 35,479 total - Gift
Class C Common Stock
2021-12-29$5.83/sh−21,642$126,173→ 0 total - Award
Employee Stock Option (right to buy)
2021-12-03$9.48/sh+50,000$474,000→ 50,000 totalExercise: $9.48From: 2022-03-03Exp: 2026-12-03→ Class C Common Stock (50,000 underlying) - Other
Class C Common Stock
2021-12-29$5.83/sh−69,177$403,302→ 104,656 total - Award
Employee Stock Option (right to buy)
2018-11-30$5.07/sh+83,059$421,109→ 83,059 totalExercise: $5.07From: 2019-02-28Exp: 2023-11-30→ Class A Common Stock (83,059 underlying) - Sale
Class C Common Stock
2021-12-29$8.81/sh−13,837$121,904→ 21,642 total - Award
Employee Stock Option (right to buy)
2017-12-01$4.42/sh+93,443$413,018→ 93,443 totalExercise: $4.42From: 2018-03-01Exp: 2022-12-01→ Class A Common Stock (93,443 underlying) - Award
Employee Stock Option (right to buy)
2019-12-06$5.04/sh+56,504$284,780→ 56,504 totalExercise: $5.04From: 2020-03-06Exp: 2024-12-06→ Class C Common Stock (56,504 underlying) - Award
Employee Stock Option (right to buy)
2020-03-27$3.66/sh+53,813$196,956→ 53,813 totalExercise: $3.66From: 2020-06-27Exp: 2025-03-27→ Class C Common Stock (53,813 underlying)
Footnotes (8)
- [F1]Pursuant to an exchange of shares of Class A Common Stock from the George R. and Shirley C. Quist Family Partnership Ltd. (the "Family Partnership") to the reporting person.
- [F2]Pursuant to an exchange of shares of Class C Common Stock from the reporting person to the Family Partnership.
- [F3]This option was granted on December 2, 2016 as an option for either 80,000 shares of Class A Common Stock at an exercise price of $7.73 per share or 80,000 shares of Class C Common Stock at an exercise price of $7.73 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 80,000 shares of Class C Common Stock at an exercise price of $7.73 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.
- [F4]This option was granted on December 1, 2017 as an option for 75,000 shares of Class A Common Stock at an exercise price of $5.56 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.
- [F5]This option was granted on November 30, 2018 as an option for 70,000 shares of Class A Common Stock at an exercise price of $6.07 per share, 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, 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 6, 2019 as an option for either 50,000 shares of Class A Common Stock at an exercise price of $6.01 per share or 50,000 shares of Class C Common Stock at an exercise price of $6.01 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 50,000 shares of Class C Common Stock at an exercise price of $6.01 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 March 27, 2020 as an option for either 50,000 shares of Class A Common Stock at an exercise price of $4.16 per share or 50,000 shares of Class C Common Stock at an exercise price of $4.16 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 50,000 shares of Class C Common Stock at an exercise price of $4.16 per share, 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 3, 2021 as an option for either 50,000 shares of Class A Common Stock at an exercise price of $9.48 per share or 50,000 shares of Class C Common Stock at an exercise price of $9.48 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 50,000 shares of Class C Common Stock at an exercise price of $9.48 per share. The option vests in four quarterly installments of Class C Common Stock, beginning on March 3, 2022, until such shares are fully vested.
Documents
Issuer
SECURITY NATIONAL FINANCIAL CORP
CIK 0000318673
Entity typeother
Related Parties
1- filerCIK 0001268844
Filing Metadata
- Form type
- 5
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 7:55 PM ET
- Size
- 30.1 KB