<SEC-DOCUMENT>0001493152-22-003143.txt : 20220203
<SEC-HEADER>0001493152-22-003143.hdr.sgml : 20220203
<ACCEPTANCE-DATETIME>20220203195524
ACCESSION NUMBER:		0001493152-22-003143
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211203
FILED AS OF DATE:		20220203
DATE AS OF CHANGE:		20220203

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			QUIST SCOTT M
		CENTRAL INDEX KEY:			0001268844

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09341
		FILM NUMBER:		22590426

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
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                    <footnoteId id="F8"/>
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                    <footnoteId id="F8"/>
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    <footnotes>
        <footnote id="F1">Pursuant to an exchange of shares of Class A Common Stock from the George R. and Shirley C. Quist Family Partnership Ltd. (the &quot;Family Partnership&quot;) to the reporting person.</footnote>
        <footnote id="F2">Pursuant to an exchange of shares of Class C Common Stock from the reporting person to the Family Partnership.</footnote>
        <footnote id="F3">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; a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.</footnote>
        <footnote id="F4">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; a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.</footnote>
        <footnote id="F5">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, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.</footnote>
        <footnote id="F6">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; a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.</footnote>
        <footnote id="F7">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, a 2 1/2% stock dividend paid on July 17, 2020, and a 5% stock dividend paid on July 16, 2021.</footnote>
        <footnote id="F8">This option was granted on December 3, 2021 as an option for either 50,000 shares of Class A Common Stock at an exercise price of $9.48 per share or 50,000 shares of Class C Common Stock at an exercise price of $9.48 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 $9.48 per share. The option vests in four quarterly installments of Class C Common Stock, beginning on March 3, 2022, until such shares are fully vested.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Scott M. Quist</signatureName>
        <signatureDate>2022-02-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
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