SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2015

Apr 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2015-04-07

Reporting Person: Overbaugh Jason G. (Director, VP; Nat Dir of Life Ins.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-06	Class A Common Stock	J	3527	$5.02	Acquired	74058	Direct
2015-04-07	Class A Common Stock	S	1500	$5.5	Disposed	72558	Direct
2015-04-16	Class A Common Stock	S	500	$5.5	Disposed	72058	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-13	Employee Stock Option (right to buy)	$1.34	A	8682	Acquired	2022-04-13	Class A Common Stock (8682)	Direct
2013-12-06	Employee Stock Option (right to buy)	$4.38	A	11025	Acquired	2023-12-06	Class A Common Stock (11025)	Direct
2014-07-02	Employee Stock Option (right to buy)	$4.08	A	10500	Acquired	2024-07-02	Class A Common Stock (10500)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.77	A	21000	Acquired	2024-12-05	Class A Common Stock (21000)	Direct

Footnotes

F1: Received pursuant to a stock dividend paid on February 6, 2015.

F2: Includes 5,760 shares of Class A common stock owned jointly by the reporting person and his wife. Does not include 66,417 shares of Class A common stock owned indirectly by the reporting person in the Deferred Compensation Plan and the 401(k) Retirement Savings Plan.

F3: This option was granted on April 13, 2012 as an option to purchase 15,000 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, February 7, 2014 and February 6, 2015. On November 6, 2012, the reporting person exercised part of this option to purchase 7,500 shares of Class A Common Stock.

F4: This option was granted on December 6, 2013 as an option to purchase 10,000 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 5% stock dividends paid on February 7, 2014 and February 6, 2015.

F5: This option was granted on July 2, 2014 as an option to purchase 10,000 shares of Class A Common Stock at an exercise price of $4.29 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 6, 2015. This option vests in four equal quarterly installments of Class A Common Stock, beginning on October 2, 2014, until such shares are fully vested.

F6: This option was granted on December 5, 2014 as an option to purchase 20,000 shares of Class A Common Stock at an exercise price of $5.02 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 6, 2015. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 5, 2015, until such shares are fully vested.