SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2014

Aug 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2014-07-02

Reporting Person: BECKSTEAD J. LYNN JR. (Director, VP - Mortgage Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-07	Class A Common Stock	J	6780	$4.35	Acquired	142384	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-02	Employee Stock Option (right to buy)	$1.12	A	5209	Acquired	2021-12-02	Class A Common Stock (5209)	Direct
2012-04-13	Employee Stock Option (right to buy)	$1.41	A	9923	Acquired	2022-04-13	Class A Common Stock (9923)	Direct
2013-12-06	Employee Stock Option (right to buy)	$4.61	A	1575	Acquired	2023-12-06	Class A Common Stock (1575)	Direct
2014-07-02	Employee Stock Option (right to buy)	$4.29	A	1500	Acquired	2024-07-02	Class A Common Stock (1500)	Direct

Footnotes

F1: Received pursuant to a stock option paid on February 7, 2014.

F2: Owned jointly by the reporting person and his wife. Does not include 54,639 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, the Employee Stock Ownership Plan (ESOP), and the Deferred Compensation Plan.

F3: This option was granted on December 2, 2011 as an option for 18,000 shares of Class A Common Stock at an exercise price of $1.30 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013 and February 7, 2014. On November 30, 2012, the reporting person exercised part of these options to purchase 14,175 shares of Class A Common Stock.

F4: This option was granted on April 13, 2012 as an option for 18,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013 and February 7, 2014. On November 30, 2012, the reporting person exercised part of these options to purchase 9,000 shares of Class A Common Stock.

F5: This option was granted on December 6, 2013 as an option for 1,500 shares of Class A common stock at an exercise price of $4.85 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 7, 2014. This option vests in four equal quarterly installments of Class A common stock, beginning on March 6, 2014, until such shares are fully vested.

F6: This option was granted on July 2, 2014 as an option for 1,500 shares of Class A common stock at an exercise price of $4.29 per share. This option vests in four equal quarterly installments of Class A common stock, beginning on October 2, 2014, until such shares are fully vested.