0001096906-20-000523.txt : 20201218 0001096906-20-000523.hdr.sgml : 20201218 20201218192241 ACCESSION NUMBER: 0001096906-20-000523 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201202 FILED AS OF DATE: 20201218 DATE AS OF CHANGE: 20201218 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: 201402007 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 form4.xml PRIMARY DOCUMENT X0306 4 2020-12-02 0 0000318673 SECURITY NATIONAL FINANCIAL CORP SNFCA 0001268844 QUIST SCOTT M 7 WANDERWOOD WAY SANDY UT 84092 1 1 1 0 Chairman of the Board/Pres/CEO Class C Common Stock 2020-12-02 4 M 0 39230.0000 7.9700 A 1214471.0000 D Employee Stock Option (right to buy) 5.5800 2015-12-04 4 M 0 130820.0000 5.5800 D 2016-03-04 2020-12-04 Class C Common Stock 130820.0000 0.0000 D Employee Stock Option (right to buy) 6.1400 2016-12-02 4 A 0 99672.0000 6.1400 A 2017-03-02 2021-12-02 Class C Common Stock 99672.0000 99672.0000 D Employee Stock Option (right to buy) 4.6500 2017-12-01 4 A 0 88993.0000 4.6500 A 2018-03-01 2022-12-01 Class A Common Stock 88993.0000 88993.0000 D Employee Stock Option (right to buy) 5.3400 2018-11-30 4 A 0 79104.0000 5.3400 A 2019-02-28 2023-11-30 Class A Common Stock 79104.0000 79104.0000 D Employee Stock Option (right to buy) 5.3000 2019-12-06 4 A 0 53813.0000 5.3000 A 2020-03-06 2024-12-06 Class C Common Stock 53813.0000 53813.0000 D Employee Stock Option (right to buy) 3.8500 2020-03-27 4 A 0 51250.0000 3.8500 A 2020-06-27 2025-03-27 Class C Common Stock 51250.0000 51250.0000 D Owned jointly by the reporting person and his wife. Does not include shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, the Employee Stock Ownership Plan, the Employee Stock Ownership Plan (ESOP), and the Non-Qualified Deferred Compensation Plan. Also does not include shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP) and in Associated Investors, a Utah general partnership, of which Mr. Quist is the Managing Partner and, accordingly, exercises sole voting and investment powers with respect to such shares. This option was granted on December 4, 2015 as an option for either 100,000 shares of Class A Common Stock at an exercise price of $7.39 per share or 100,000 shares of Class C Common Stock at an exercise price of $7.39 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 100,000 shares of Class C Common Stock at an exercise price of $7.39 per share, but adjusted pursuant to the anti-dilution provisions of the Amended and Restated 2013 Stock Option and Other Equity Incentive Awards Plan (the "2013 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 1/2% stock dividend paid on July 17, 2020. 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; and a 2 1/2% stock dividend paid on July 17, 2020. 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; and a 2 1/2% stock dividend paid on July 17, 2020. 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, and a 2 1/2% stock dividend paid on July 17, 2020. 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; and a 2 1/2% stock dividend paid on July 17, 2020. The option vests in four quarterly installments of Class A Common Stock, beginning on March 6, 2020, until such shares are fully vested. 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, and a 2 1/2% stock dividend paid on July 17, 2020. The option vests in four quarterly installments of Class A Common Stock, beginning on June 27, 2020, until such shares are fully vested. /s/ Scott M. Quist 2020-12-18