SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2016

Apr 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2016-02-05

Reporting Person: Christie Q. Overbaugh (Sr. VP of Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-05	Class A Common Stock	J	5716	$5.8	Acquired	120026	Direct

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

Footnotes

F1: Received pursuant to a stock dividend paid on February 5, 2016.

F2: Does not include 111,340 shares of Class A Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), the 401(k) Retirement Savings Plan and the Deferred Compensation Plan. Also does not include 22,537 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP).

F3: 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.

F4: 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.

F5: 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.

F6: 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.