0001096906-11-000503.txt : 20110316 0001096906-11-000503.hdr.sgml : 20110316 20110316115854 ACCESSION NUMBER: 0001096906-11-000503 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101203 FILED AS OF DATE: 20110316 DATE AS OF CHANGE: 20110316 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: QUIST SCOTT M CENTRAL INDEX KEY: 0001268844 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09341 FILM NUMBER: 11690899 MAIL ADDRESS: STREET 1: 7 WANDERWOOD WAY CITY: SANDY STATE: UT ZIP: 84092 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY NATIONAL FINANCIAL CORP CENTRAL INDEX KEY: 0000318673 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 870345941 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: PO BOX 57220 CITY: SALT LAKE CITY STATE: UT ZIP: 84157 BUSINESS PHONE: 8012641060 MAIL ADDRESS: STREET 1: PO BOX 57220 CITY: SALT LAKE CITY STATE: UT ZIP: 84157 FORMER COMPANY: FORMER CONFORMED NAME: SNL FINANCIAL CORP DATE OF NAME CHANGE: 19910401 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2010-12-03 0 0000318673 SECURITY NATIONAL FINANCIAL CORP SNFCA 0001268844 QUIST SCOTT M 7 WANDERWOOD WAY SANDY UT 84092 1 1 1 0 Pres.& Chief Operating Officer Class A Common Stock 2011-02-04 5 J 0 E 7946 1.74 A 166873 D Class C Common Stock 2011-02-04 5 J 0 E 70068 1.74 A 1471418 D Employee Stock Option (right to buy) 3.99 2003-03-21 4 A 0 103422 3.99 A 2003-03-21 2013-03-21 Class A Common Stock 103422 103422 D Employee Stock Option (right to buy) 2.62 2005-03-25 4 A 0 93807 2.75 A 2005-03-25 2015-03-25 Class A Common Stock 93807 93807 D Employee Stock Option (right to buy) 0.366 2008-03-31 4 A 0 578813 0.366 A 2009-03-31 2013-03-31 Class C Common Stock 578813 578813 D Employee Stock Option (right to buy) 1.43 2008-12-05 4 A 0 45059 1.43 A 2009-12-05 2013-12-05 Class A Common Stock 45059 45059 D Employee Stock Option (right to buy) 0.143 2008-12-05 4 A 0 707043 0.14 A 2009-12-05 2013-12-05 Class C Common Stock 707043 707043 D Employee Stock Option (right to buy) 0.351 2009-12-04 4 A 0 1102500 0.351 A 2010-03-31 2014-12-04 Class C Common Stock 1102500 1102500 D Employee Stock Option (right to buy) 0.191 2010-12-03 4 A 0 1050000 0.191 A 2011-03-31 2015-12-03 Class C Common Stock 1050000 1050000 D Received pursuant to a 5% stock dividend paid on February 4, 2011. Owned jointly by the reporting person and his wife. Does not include 198,328 shares of Class A Common Stock and 319,250 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), Associated Investors, the 401(k) Retirement Savings Plan, and the Deferred Compensation Plan. This option was originally reported as covering 70,000 shares of Class A Common Stock at an exercise price of $5.90 per share, but adjusted to reflect 5% stock dividends paid on January 19, 2004, February 7, 2005, February 17, 2006, February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010 and February 4, 2011. This option was originally reported as covering 70,000 shares of Class A Common Stock at an exercise price of $3.51 per share, but adjusted to reflect 5% stock dividends paid on February 17, 2006, February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010 and February 4, 2011. This option was originally reported as covering as either 50,000 shares of Class A Common Stock at an exercise price per share of $4.235 per share or 500,000 shares of Class C Common Stock at an exercise price of $.4235 per share for the purchase of Class C Common Shares, but adjusted to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011. Pursuant to the reporting person's election, this option now consists of an option to purchase 578,813 shares of Class C Common Stock at an exercise price of $.365 per share, after adjustments to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011. This option was originally reported as either 100,000 shares of Class A Common Stock at an exercise price of $1.65 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $.165 per share, or any combination thereof, but adjusted to reflect 5% dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011. Pursuant to the reporting person's election, this option now consists of an option to purchase 45,059 shares of Class A Common Stock at an exercise price of $1.43 per share and an option to purchase 707,043 shares of Class C Common Stock at an exercise price of $.143 per share, after adjustments to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011 This option was granted on December 4, 2009 for either 100,000 shares of Class A Common Stock at an exercise price of $3.872 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $.3872 per share, or any combination thereof, but adjusted to reflect a 5% dividend paid on February 5, 2010. Pursuant to the reporting person's election, this option now consists of an option to purchase 1,102,500 shares of Class C Common Stock at an exercise price of $.351 per share, after adjustments to reflect 5% stock dividends paid on February 5, 2010 and February 4, 2011. This option was granted on December 3, 2010 for either 100,000 shares of Class A Common Stock at an exercise price of $1.74 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $.174 per share, or any combination thereof, but adjusted to reflect a 5% dividend paid on February 4, 2011.This option vests in four equal quarterly installments, beginning on March 31, 2011, until such shares are fully vested. Pursuant to the reporting person's election, this option now consists of an option to purchase 1,050,000 shares of Class C Common Stock at an exercise price of $.166 per share, after adjustments to reflect a 5% stock dividend paid on February 4, 2011. /s/ Scott M. Quist 2011-03-16