SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2014

Jan 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2014-01-14

Reporting Person: Sill Garrett S. (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-14	Class A Common Stock	M	1358	$3.01	Acquired	2522	Direct
2014-01-14	Class A Common Stock	M	7658	$1.17	Acquired	10180	Direct
2014-01-14	Class A Common Stock	M	6946	$1.58	Acquired	17126	Direct
2014-01-14	Class A Common Stock	M	6615	$1.18	Acquired	23741	Direct
2014-01-14	Class A Common Stock	M	6300	$1.48	Acquired	30041	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-31	Employee Stock Option (right to buy)	$3.01	M	1358	Disposed	2018-03-31	Class A Common Stock (1358)	Direct
2008-12-05	Employee Stock Option (right to buy)	$1.17	M	7658	Disposed	2018-12-05	Class A Common Stock (7658)	Direct
2010-12-03	Employee Stock Option (right to buy)	$1.58	M	6946	Disposed	2020-12-03	Class A Common Stock (6946)	Direct
2011-12-02	Employee Stock Option (right to buy)	$1.18	M	6615	Disposed	2021-12-02	Class A Common Stock (6615)	Direct
2012-04-13	Employee Stock Option (right to buy)	$1.48	M	6300	Disposed	2022-04-13	Class A Common Stock (6300)	Direct
2013-12-06	Employee Stock Option (right to buy)	$4.85	A	4000	Acquired	2023-12-06	Class A Common Stock (4000)	Direct

Footnotes

F1: Does not include 7,458 shares of Class A Common Stock owned directly by the reporting person in the 401(k) Retirement Savings Plan and the Employee Stock Ownership Plan (ESOP).

F2: This option was originally reported as an option for 6,000 shares of Class A Common Stock at an exercise price of $1.50 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012 and February 1, 2013.

F3: This option was originally reported as an option for 6,000 shares of Class A Common Stock at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012 and February 1, 2013.

F4: This option was originally reported as an option for 6,000 shares of Class A Common Stock at an exercise price of $1.83 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 4, 2011, February 3, 2012 and February 1, 2013.

F5: This option was originally reported as an option for 6,000 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 and February 1, 2013.

F6: This option was originally reported on April 14, 2012 as an option for 6,000 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 a 5% stock dividend paid on February 1, 2013.

F7: This option was granted on December 6, 2013 as an option for 4,000 shares of Class A Common Stock at an exercise price of $4.85 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 6, 2014, until such shares are fully invested.