SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2016

Dec 19, 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: Christie Q. Overbaugh (Sr. VP of Operations)

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	5789	Acquired	2023-12-06	Class A Common Stock (5789)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.88	A	5513	Acquired	2024-07-02	Class A Common Stock (5513)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.53	A	11025	Acquired	2024-12-05	Class A Common Stock (11025)	Direct
2015-12-04	Employee Stock Option (right to buy)	$6.38	A	7350	Acquired	2025-12-04	Class A Common Stock (7350)	Direct
2016-12-02	Employee Stock Option (right to buy)	$7.03	A	5000	Acquired	2026-12-02	Class A Common Stock (5000)	Direct

Footnotes

F1: This option was granted on December 6, 2013 as an option to purchase 5,000 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, February 6, 2015 and February 5, 2016.

F2: This option was granted on July 2, 2014 as an option to purchase 5,000 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 to purchase 10,000 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 to purchase 7,000 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 5% 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 to purchase 5,000 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.