SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2016

May 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2016-05-25

Reporting Person: Wilbur Norman G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Class A Common Stock	S	102	$4.51	Disposed	3218	Direct
2016-05-25	Class A Common Stock	S	100	$4.5	Disposed	3118	Direct
2016-05-25	Class A Common Stock	S	298	$4.55	Disposed	2820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-07	Director Stock Option (right to buy)	$6.05	A	1216	Acquired	2022-12-07	Class A Common Stock (1216)	Direct
2013-12-06	Director Stock Option (right to buy)	$4.16	A	5605	Acquired	2023-12-06	Class A Common Stock (5605)	Direct
2013-12-07	Director Stock Option (right to buy)	$4.16	A	1158	Acquired	2023-12-07	Class A Common Stock (1158)	Direct
2014-12-05	Director Stock Option (right to buy)	$4.53	A	5513	Acquired	2024-12-05	Class A Common Stock (5513)	Direct
2014-12-07	Director Stock Option (right to buy)	$4.53	A	1103	Acquired	2024-12-07	Class A Common Stock (1103)	Direct
2015-12-04	Director Stock Option (right to buy)	$6.38	A	5250	Acquired	2025-12-04	Class A Common Stock (5250)	Direct
2015-12-07	Director Stock Option (right to buy)	$6.38	A	1050	Acquired	2025-12-07	Class A Common Stock (1050)	Direct

Footnotes

F1: This option was granted on December 7, 2012 as an option to purchase 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, February 7, 2014, February 6, 2015, and February 5, 2016.

F2: This option was granted on December 6, 2013 as an option to purchase 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 5% stock dividends paid on February 7, 2014, February 6, 2015, and February 5, 2016.

F3: This option was granted on December 7, 2013 as an option to purchase 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 5% stock dividends paid on February 7, 2014, February 6, 2015, and February 5, 2016.

F4: This option was granted on December 5, 2014 as an option to purchase 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015 and February 5, 2016.

F5: This option was granted on December 7, 2014 as an option to purchase 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015 and February 5, 2016.

F6: This option was granted on December 4, 2015 as an option to purchase 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 5, 2016. This option vests on December 4, 2016.

F7: This option was granted on December 7, 2015 as an option to purchase 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 5, 2016. This option vests on December 7, 2016.