0001096906-23-001422.txt : 20230717 0001096906-23-001422.hdr.sgml : 20230717 20230717154803 ACCESSION NUMBER: 0001096906-23-001422 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230714 FILED AS OF DATE: 20230717 DATE AS OF CHANGE: 20230717 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Overbaugh Jason G. CENTRAL INDEX KEY: 0001588310 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09341 FILM NUMBER: 231091594 MAIL ADDRESS: STREET 1: 13471 SOUTH TUSCALEE WAY CITY: DRAPER STATE: UT ZIP: 84020 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 X0508 4 2023-07-14 0 0000318673 SECURITY NATIONAL FINANCIAL CORP SNFCA 0001588310 Overbaugh Jason G. 13471 SOUTH TUSCALEE WAY DRAPER UT 84020 1 1 0 0 VP & Nat Mark Dir of Life Ins 0 Class A Common Stock 2023-07-14 4 G 0 4500.0000 8.4000 D 76575.0000 D Employee Stock Option (right to buy) 4.3500 2015-12-04 4 A 0 30289.0000 4.3500 A 2016-03-04 2025-12-04 Class A Common Stock 30289.0000 30289.0000 D Employee Stock Option (right to buy) 4.7900 2016-12-02 4 A 0 28847.0000 4.7900 A 2017-03-02 2026-12-02 Class A Common Stock 28847.0000 59136.0000 D Employee Stock Option (right to buy) 3.6200 2017-12-01 4 A 0 27473.0000 3.6200 A 2018-03-01 2027-12-01 Class C Common Stock 27473.0000 86609.0000 D Employee Stock Option (right to buy) 4.1700 2018-11-30 4 A 0 32705.0000 4.1700 A 2019-02-28 2028-11-30 Class C Common Stock 32705.0000 119314.0000 D Employee Stock Option (right to buy) 4.3400 2019-12-06 4 A 0 37377.0000 4.3400 A 2020-03-06 2029-12-06 Class C Common Stock 37377.0000 156691.0000 D Employee Stock Option (right to buy) 3.1500 2020-03-27 4 A 0 35597.0000 3.1500 A 2020-06-27 2030-03-27 Class C Common Stock 35597.0000 192288.0000 D Employee Stock Option (right to buy) 7.7800 2021-12-03 4 A 0 33075.0000 7.7800 A 2022-03-03 2031-12-03 Class C Common Stock 33075.0000 225363.0000 D Employee Stock Option (right to buy) 6.1600 2022-12-02 4 A 0 36750.0000 6.1600 A 2023-03-02 2032-12-02 Class C Common Stock 36750.0000 262113.0000 D This option was granted on December 4, 2015 as an option to purchase 20,000 shares of Class A Common Stock at an exercise price of $6.72 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 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023. This option was granted on December 2, 2016 as an option to purchase 20,000 shares of Class A Common Stock at an exercise price of $7.03 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 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023. This option was granted on December 1, 2017 as an option to purchase either 20,000 shares of Class A Common Stock at an exercise price of $5.05 per share or 20,000 shares of Class C Common Stock at an exercise price of $5.05 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 20,000 shares of Class C Common Stock at an exercise price of $5.05 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 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022. and July 14, 2023. This option was granted on November 30, 2018 as an option to purchase either 25,000 shares of Class A Common Stock at an exercise price of $5.52 per share or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023. This option was granted on December 6, 2019 as an option to purchase either 30,000 shares of Class A Common Stock at an exercise price of $5.46 per share or 30,000 shares of Class C Common Stock at an exercise price of $5.46 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023. This option was granted on March 27, 2020 as an option to purchase either 30,000 shares of Class A Common Stock at an exercise price of $3.76 per share or 30,000 shares of Class C Common Stock at an exercise price of $3.76 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 08, 2022, and July 14, 2023. This option was granted on December 3, 2021 as an option to purchase either 30,000 shares of Class A Common Stock at an exercise price of $8.62 per share or 30,000 shares of Class C Common Stock at an exercise price of $8.62 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022, and July 14, 2023. This option was granted on December 02, 2022 as an option for either 35,000 shares of Class A Common Stock at an exercise price of $6.48 per share or 35,000 shares of Class C Common Stock at an exercise price of $6.48 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 35,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 35,000 shares of Class C Common Stock at an exercise price of $6.48 per share, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 14, 2023. The option vests in four equal quarterly installments of Class C Common Stock, beginning on March 3, 2023, until such shares are fully vested. /s/ Jason G. Overbaugh 2023-07-17