27/01/2021 - SNFC - Security National Financial Corporation: Statement of changes in beneficial ownership of securities

[X]

SEC Form 4

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

OMB Number:

3235-0287

Estimated average burden

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

hours per response:

0.5

or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*

2. Issuer Name and Ticker or Trading Symbol

5. Relationship of Reporting Person(s) to Issuer

MOODY H. CRAIG

SECURITY NATIONAL FINANCIAL

(Check all applicable)

CORP[ SNFCA ]

X

Director

10% Owner

Officer (give title

Other (specify

(Last)

(First)

(Middle)

below)

below)

3. Date of Earliest Transaction (Month/Day/Year)

11892 SOUTH BROOKGLEN DRIVE

01/21/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable

(Street)

Line)

SANDY

UT

84092

X Form filed by One Reporting Person

Form filed by More than One Reporting

(City)

(State)

(Zip)

Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)

2. Transaction

2A. Deemed

3.

4. Securities Acquired (A) or

5. Amount of

6. Ownership

7. Nature of

Date

Execution Date,

Transaction

Disposed Of (D) (Instr. 3, 4 and 5)

Securities

Form: Direct

Indirect

(Month/Day/Year)

if any

Code (Instr.

Beneficially

(D) or Indirect

Beneficial

(Month/Day/Year)

8)

Owned Following

(I) (Instr. 4)

Ownership

Reported

(Instr. 4)

Code

V

Amount

(A) or

Price

Transaction(s)

(D)

(Instr. 3 and 4)

Class A Common Stock

01/21/2021

S

6,000

D

$9

22,300

D

Class A Common Stock

01/22/2021

S

6,000

D

$9

16,300

D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

1. Title of

2.

3. Transaction

3A. Deemed

4.

5. Number of

6. Date Exercisable and

7. Title and Amount

8. Price of

9. Number of

10.

11. Nature

Derivative

Conversion

Date

Execution Date,

Transaction

Derivative

Expiration Date

of Securities

Derivative

derivative

Ownership

of Indirect

Security

or Exercise

(Month/Day/Year)

if any

Code (Instr.

Securities

(Month/Day/Year)

Underlying

Security

Securities

Form:

Beneficial

(Instr. 3)

Price of

(Month/Day/Year)

8)

Acquired (A)

Derivative Security

(Instr. 5)

Beneficially

Direct (D)

Ownership

Derivative

or Disposed

(Instr. 3 and 4)

Owned

or Indirect

(Instr. 4)

Security

of (D) (Instr.

Following

(I) (Instr. 4)

3, 4 and 5)

Reported

Transaction(s)

Amount

(Instr. 4)

Date

Expiration

or

Code

V

(A)

(D)

Title

Number

Exercisable

Date

of Shares

Director

Stock

$0.8(1)

7,951(1)

Class A

7,951(1)

$0.8(1)

7,951(1)

Option

12/02/2011

A

03/02/2012

12/02/2021

Common

D

(right to

Stock

buy)

Director

Stock

$0.8(2)

1,591(2)

Class A

1,591(2)

$0.8(2)

1,591(2)

Option

12/07/2011

A

03/07/2012

12/07/2021

Common

D

(right to

Stock

buy)

Director

Stock

$1.01(3)

7,573(3)

Class A

7,573(3)

$1.01(3)

7,573(3)

Option

04/13/2012

A

07/13/2012

04/13/2022

Common

D

(right to

Stock

buy)

Director

Stock

$4.81(4)

1,515(4)

Class A

1,515(4)

$4.81(4)

1,515(4)

Option

12/07/2012

A

03/07/2013

12/07/2022

Common

D

(right to

Stock

buy)

Director

Stock

$3.3(5)

6,982(5)

Class A

6,982(5)

$3.3(5)

6,982(5)

Option

12/06/2013

A

03/06/2014

12/06/2023

Common

D

(right to

Stock

buy)

Director

Stock

$3.3(6)

1,443(6)

Class A

1,443(6)

$3.3(6)

1,443(6)

Option

12/07/2013

A

03/07/2014

12/07/2023

Common

D

(right to

Stock

buy)

Director

Stock

$3.61(7)

6,869(7)

Class A

6,869(7)

$3.61(7)

6,869(7)

Option

12/05/2014

A

03/05/2015

12/05/2024

Common

D

(right to

Stock

buy)

Director

Stock

$3.61(8)

1,375(8)

Class A

1,375(8)

$3.61(8)

1,375(8)

Option

12/07/2014

A

03/07/2015

12/07/2024

Common

D

(right to

Stock

buy)

Director

Stock

$5.07(9)

6,541(9)

Class A

6,541(9)

$5.07(9)

6,541(9)

Option

12/04/2015

A

03/04/2016

12/04/2025

Common

D

(right to

Stock

buy)

Director

Stock

$5.07(10)

1,309(10)

Class A

1,309(10)

$5.07(10)

1,309(10)

Option

12/07/2015

A

03/07/2016

12/07/2025

Common

D

(right to

Stock

buy)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

1. Title of

2.

3. Transaction

3A. Deemed

4.

5. Number of

6. Date Exercisable and

7. Title and Amount

8. Price of

9. Number of

10.

11. Nature

Derivative

Conversion

Date

Execution Date,

Transaction

Derivative

Expiration Date

of Securities

Derivative

derivative

Ownership

of Indirect

Security

or Exercise

(Month/Day/Year)

if any

Code (Instr.

Securities

(Month/Day/Year)

Underlying

Security

Securities

Form:

Beneficial

(Instr. 3)

Price of

(Month/Day/Year)

8)

Acquired (A)

Derivative Security

(Instr. 5)

Beneficially

Direct (D)

Ownership

Derivative

or Disposed

(Instr. 3 and 4)

Owned

or Indirect

(Instr. 4)

Security

of (D) (Instr.

Following

(I) (Instr. 4)

3, 4 and 5)

Reported

Transaction(s)

Amount

(Instr. 4)

Date

Expiration

or

Code

V

(A)

(D)

Title

Number

Exercisable

Date

of Shares

Director

Stock

$5.59(11)

6,230(11)

Class A

6,230(11)

$5.59(11)

6,230(11)

Option

12/02/2016

A

03/02/2017

12/02/2026

Common

D

(right to

Stock

buy)

Director

Stock

$5.59(12)

1,246(12)

Class A

1,246(12)

$5.59(12)

1,246(12)

Option

12/07/2016

A

03/07/2017

12/07/2026

Common

D

(right to

Stock

buy)

Director

Stock

$4.22(13)

1,187(13)

Class A

1,187(13)

$4.22(13)

1,187(13)

Option

12/01/2017

A

03/01/2018

12/01/2027

Common

D

(right to

Stock

buy)

Director

Stock

$4.86(14)

5,651(14)

Class A

5,651(14)

$4.86(14)

5,651(14)

Option

11/30/2018

A

02/28/2019

11/30/2028

Common

D

(right to

Stock

buy)

Director

Stock

$4.86(15)

1,131(15)

Class A

1,131(15)

$4.86(15)

1,131(15)

Option

11/30/2018

A

02/28/2019

11/30/2028

Common

D

(right to

Stock

buy)

Director

Stock

$5.06(16)

5,381(16)

03/06/2020(16)

Class A

5,381(16)

$5.06(16)

5,381(16)

Option

12/06/2019

A

12/06/2029

Common

D

(right to

Stock

buy)

Director

Stock

$5.06(17)

1,076(17)

03/06/2020(17)

Class A

1,076(17)

$5.06(17)

1,076(17)

Option

12/06/2019

A

12/06/2029

Common

D

(right to

Stock

buy)

Director

Stock

$3.67(18)

2,563(18)

06/27/2020(18)

Class A

2,563(18)

$3.67(18)

2,563(18)

Option

03/27/2020

A

03/27/2030

Common

D

(right to

Stock

buy)

Director

Stock

$3.67(19)

3,588(19)

06/27/2020(19)

Class A

3,588(19)

$3.67(19)

3,588(19)

Option

03/27/2020

A

03/27/2030

Common

D

(right to

Stock

buy)

Explanation of Responses:

  1. This option was granted on December 2, 2011 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.30 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  2. This option was granted on December 7, 2011 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.24 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  3. This option was granted on April 13, 2012 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  4. This option was granted on December 7, 2012 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $7.42 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  5. This option was granted on December 6, 2013 as an option for 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  6. This option was granted on December 7, 2013 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  7. This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock under the Amended and Restated 2014 Director Stock Option Plan (the "2014 Director Stock Option Plan") at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  8. This option was granted on December 7, 2014 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  9. This option was granted on December 4, 2015 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  10. This option was granted on December 7, 2015 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director 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; and a 2.5% stock dividend paid on July 17, 2020.
  11. This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  12. This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  13. This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  14. This option was granted on November 30, 2018 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  15. This option was granted on November 30, 2018 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; and a 2.5% stock dividend paid on July 17, 2020.
  16. This option was granted on December 6, 2019 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share but adjusted pursuant to the anti-dilution provisions of the Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020. The option vests in four equal quarterly installments of Class A Common Stock, beginning on March

6, 2020, until such shares are fully vested; and a 2.5% stock dividend paid on July 17, 2020.

  1. This option was granted on December 6, 2019 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share but adjusted pursuant to the anti-dilution provisions of the Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020. The option vests in four equal quarterly installments of Class A Common Stock, beginning on March 6, 2020, until such shares are fully vested; and a 2.5% stock dividend paid on July 17, 2020.
  2. This option was granted on March 27, 2020 as an option for 2,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share. The option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested; and a 2.5% stock dividend paid on July 17, 2020.
  3. This option was granted on March 27, 2020 as an option for 3,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share. The option vests in four equal quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested; and a 2.5% stock dividend paid on July 17, 2020.

/s/ H. Craig Moody

01/26/2021

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

  • Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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Disclaimer

SNFC - Security National Financial Corporation published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 19:13:19 UTC

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