0001096906-12-000492.txt : 20120307
0001096906-12-000492.hdr.sgml : 20120307
20120307132943
ACCESSION NUMBER: 0001096906-12-000492
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111202
FILED AS OF DATE: 20120307
DATE AS OF CHANGE: 20120307
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: 12673540
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
X0304
4
2011-12-02
0
0000318673
SECURITY NATIONAL FINANCIAL CORP
SNFCA
0001268844
QUIST SCOTT M
7 WANDERWOOD WAY
SANDY
UT
84092
1
1
1
0
President,Chief Operating Offi
Class A Common Stock
2012-02-03
5
J
0
E
8344
1.43
A
175217
D
Class C Common Stock
2012-02-03
5
J
0
E
73571
0.143
A
1544989
D
Employee Stock Option (right to buy)
3.8
2003-03-21
4
A
0
108593
3.8
A
2003-03-21
2013-03-21
Class A Common Stock
108593
108593
D
Employee Stock Option (right to buy)
2.49
2005-03-25
4
A
0
98497
2.49
A
2005-03-25
2015-03-25
Class A Common Stock
98497
98497
D
Employee Stock Option (right to buy)
0.348
2008-03-31
4
A
0
607754
0.348
A
2009-03-31
2013-03-31
Class C Common Stock
607754
607754
D
Employee Stock Option (right to buy)
1.36
2008-12-05
4
A
0
47312
1.36
A
2009-12-05
2013-12-05
Class A Common Stock
47312
47312
D
Employee Stock Option (right to buy)
0.136
2008-12-05
4
A
0
742395
0.136
A
2009-12-05
2013-12-05
Class C Common Stock
742395
742395
D
Employee Stock Option (right to buy)
0.334
2009-12-04
4
A
0
1157625
0.334
A
2010-03-31
2014-12-04
Class C Common Stock
1157625
1157625
D
Employee Stock Option (right to buy)
0.183
2010-12-03
4
A
0
1102500
0.183
A
2011-03-31
2015-12-03
Class C Common Stock
1102500
1102500
D
Employee Stock Option (right to buy)
1.37
2011-12-02
4
A
0
105000
1.37
A
2011-03-31
2015-12-02
Class A Common Stock
105000
105000
D
Received pursuant to a 5% stock dividend declared on December 2, 2011 and paid on February 3, 2012.
Owned jointly by the reporting person and his wife. Does not include 230,644 shares of Class A Common Stock and 335,213 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 an option for 70,000 shares of Class A Common Stock at an exercise price of $5.90 per share, but adjusted pursuant to the anti-dilution provisions of the 1993 Stock Option Plan 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, February 4, 2011 and February 3, 2012.
This option was originally reported as an option for 70,000 shares of Class A Common Stock at an exercise price of $3.51 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 17, 2006, February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011 and February 3, 2012.
This option was originally granted as an option for either 50,000 shares of Class A Common Stock at an exercise price of $4.24 per share or 500,000 share of Class C Common Stock at an exercise price of $0.424 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 500,000 shares of Class C Common Stock at an exercise price of $0.424 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011 and February 3, 2012.
This option was originally granted as an option for either 100,000 shares of Class A Common Stock at an exercise price of $1.65 per share or 1,000,000 share of Class C Common Stock at an exercise price of $0.165 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 38,923 shares of Class A Common Stock at an exercise price of $1.65 per share and 610,770 shares of Class C Common Stock at an exercise price of $0.165 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011 and February 3, 2012.
This option was originally granted as an option for either 100,000 share of Class A Common Stock at an exercise price of $3.87 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $.387 per share. or any combination thereof. This option reflects the reporting person's election to have an option for 1,000,000 shares of Class C Common Stock at an exercise price of $.387 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to relfect 5% stock dividends paid on Feburary 5, 2010, February 4, 2011 and February 3, 2012.
This option was originally granted as an option for either 100,000 shares of Class A Commono Stock at an exercise price of $2.01 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $0.201 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 1,000,000 shares of Class C Common Stock at an exercise price of $0.201 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to relfect 5% stock dividends paid on Febuary 4, 2011 and February 12, 2012.
This option was granted on December 2, 2011 as an option for either 100,000 shares of Class A Common Stock at an exercise price of $1.43 per share or 1,000,000 shares of Class C Common Stock at an exercise price of $0.143 per share, or any combination thereof. Because there are only five shares of Class C Common Stock remaining to be issued under the 2003 Stock Option Plan, the reporting person cannot elect at this time the option for 1,000,000 shares of Class C Common Stock. Thus this option reflects an option for 100,000 shares of Class A Common Stock at an exercise price of $1.43 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect a 5% stock dividend paid on February 3, 2012.
This option vests in four equal quarterly installments, beginning on March 31, 2012, until such shares are fully vested. At such time as the Stock Option Plan is amended to provide for the issuance of an additional 1,000,000 shares of Class C Common Stock, the reporting person will elect to have the option for 1,000,000 shares of Class C common Stock at an exercise price of $0.143 per share.
/s/Scott M. Quist
2012-03-07