SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2015

Jan 7, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2014-12-05

Reporting Person: Wilbur Norman G (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-07	Director Stock Option (right to buy)	$3.57	A	1478	Acquired	2016-12-07	Class A Common Stock (1478)	Direct
2007-12-07	Director Stock Option (right to buy)	$2.65	A	1408	Acquired	2017-12-07	Class A Common Stock (1408)	Direct
2008-03-31	Director Stock Option (right to buy)	$2.86	A	3351	Acquired	2018-03-31	Class A Common Stock (3351)	Direct
2009-12-04	Director Stock Option (right to buy)	$2.75	A	6382	Acquired	2019-12-04	Class A Common Stock (6382)	Direct
2009-12-07	Director Stock Option (right to buy)	$2.75	A	1277	Acquired	2019-12-07	Class A Common Stock (1277)	Direct
2012-12-07	Director Stock Option (right to buy)	$6.7	A	1103	Acquired	2022-12-07	Class A Common Stock (1103)	Direct
2013-12-06	Director Stock Option (right to buy)	$4.61	A	5084	Acquired	2023-12-06	Class A Common Stock (5084)	Direct
2013-12-07	Director Stock Option (right to buy)	$4.61	A	1050	Acquired	2023-12-07	Class A Common Stock (1050)	Direct
2014-12-05	Director Stock Option (right to buy)	$5.02	A	5000	Acquired	2024-12-05	Class A Common Stock (5000)	Direct
2014-12-07	Director Stock Option (right to buy)	$5.02	A	1000	Acquired	2024-12-07	Class A Common Stock (1000)	Direct

Footnotes

F1: This option was granted on December 7, 2006 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $5.31 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Stock Option Plan to reflect 5% stock dividends paid on February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013 and February 7, 2014.

F2: This option was granted on December 7, 2007 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.75 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013 and February 7, 2014.

F3: This option was granted on March 31, 2008 as an option for 2,500 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013 and February 7, 2014.

F4: This option was granted on December 4, 2009 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013 and February 7, 2014.

F5: This option was granted on December 7, 2009 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013 and February 7, 2014.

F6: This option was granted on December 7, 2012 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $7.42 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013 and February 7, 2014.

F7: This option was granted on December 6, 2013 as an option for 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect a 5% stock option paid on February 7, 2014. This option vests on December 6, 2014.

F8: This option was granted on December 7, 2013 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect a 5% stock option paid on February 7, 2014. This option vests on December 7, 2014.

F9: This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share. This option vests on December 5, 2015.

F10: This option was granted on December 7, 2014 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share. This option vests on December 7, 2015.