Fuller Gilbert A Form 4 SECURITY NATIONAL FINANCIAL / GILBERT A FULLER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FULLER GILBERT A

(Last) (First) (Middle)

55 WANDERWOOD WAY

(Street)

SANDY UT 84092

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SECURITY NATIONAL FINANCIAL CORP [ SNFCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/02/2024	07/02/2024	M		460	A	$7.99	14,601	D
Class A Common Stock	07/02/2024		S		460	D	$7.96	14,141	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director Stock Option (right to buy)	$5.04(6)	12/02/2016		A		6,869		03/02/2017	12/02/2026	Class A Common Stock	6,869	$5.04	6,869	D
Director Stock Option (right to buy)	$5.27(6)	12/07/2016		A		1,373		03/07/2017	12/07/2026	Class A Common Stock	1,373	$5.27	8,242	D
Director Stock Option (right to buy)	$3.81(7)	12/01/2017		A		1,308		03/01/2018	12/01/2027	Class A Common Stock	1,308	$3.81	9,550	D
Director Stock Option (right to buy)	$4.39(6)	11/30/2018		A		7,478		02/28/2019	01/30/2028	Class A Common Stock	7,478	$4.39	17,028	D
Director Stock Option (right to buy)	$4.57(6)	12/06/2019		A		7,120		03/06/2020	12/06/2029	Class A Common Stock	7,120	$4.57	24,148	D
Director Stock Option (right to buy)	$3.32(7)	03/27/2020		A		6,781		06/27/2020	03/27/2030	Class A Common Stock	6,781	$3.32	30,929	D
Director Stock Option (right to buy)	$8.19(7)	12/03/2021		A		6,300		03/03/2022	12/03/2031	Class A Common Stock	6,300	$8.19	37,229	D
Restricted Stock Unit	$7.99(6)	12/01/2023		A		1,380		04/01/2024	12/31/2024	Class A Common Stock	1,840	$7.99	38,609	D
Restricted Stock Unit	$7.99(6)	12/01/2023		D			460	07/02/2024	07/02/2024	Class A Common Stock	460	$7.99	38,149	D

Explanation of Responses:

6. This option was granted on March 27, 2020 as an option for 2,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share; a 5% stock dividend paid on February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.

7. This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022.

	/s/ Gilbert A. Fuller	07/02/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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