SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2016

Dec 20, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2016-12-02

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-06	Employee Stock Option (right to buy)	$4.16	A	4631	Acquired	2023-12-06	Class A Common Stock (4631)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.88	A	4410	Acquired	2024-07-02	Class A Common Stock (4410)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.53	A	8820	Acquired	2024-12-05	Class A Common Stock (8820)	Direct
2015-12-04	Employee Stock Option (right to buy)	$6.38	A	10500	Acquired	2025-12-04	Class A Common Stock (10500)	Direct
2016-12-02	Employee Stock Option (right to buy)	$7.03	A	10000	Acquired	2026-12-02	Class A Common Stock (10000)	Direct

Footnotes

F1: 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, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015 and February 5, 2016.

F2: This option was granted on July 2, 2014 as an option for 4,000 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 5% stock dividends paid on February 6, 2015 and February 5, 2016.

F3: This option was granted on December 5, 2014 as an option for 8,000 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 5% stock dividends paid on February 6, 2015 and February 5, 2016.

F4: This option was granted on December 4, 2015 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on February 5, 2016. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 4, 2016, until such shares are fully vested.

F5: This option was granted on December 2, 2016 as an option for 10,000 shares of Class A Common Stock at an exercise price of $7.03 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 2, 2017, until such shares are fully vested.