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: Hunter Robert Gail (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-05	Class A Common Stock	J	408	$5.8	Acquired	8561	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-07	Director Stock Option (right to buy)	$3.22	A	1630	Acquired	2016-12-07	Class A Common Stock (1630)	Direct
2007-12-07	Director Stock Option (right to buy)	$2.39	A	1552	Acquired	2017-12-07	Class A Common Stock (1552)	Direct
2008-03-31	Director Stock Option (right to buy)	$2.58	A	3695	Acquired	2018-03-31	Class A Common Stock (3695)	Direct
2008-12-05	Director Stock Option (right to buy)	$1	A	7388	Acquired	2018-12-05	Class A Common Stock (7388)	Direct
2008-12-07	Director Stock Option (right to buy)	$0.95	A	1478	Acquired	2018-12-07	Class A Common Stock (1478)	Direct
2009-12-04	Director Stock Option (right to buy)	$2.48	A	7036	Acquired	2019-12-04	Class A Common Stock (7036)	Direct
2009-12-07	Director Stock Option (right to buy)	$2.48	A	1408	Acquired	2019-12-07	Class A Common Stock (1408)	Direct
2010-12-03	Director Stock Option (right to buy)	$1.36	A	6701	Acquired	2020-12-03	Class A Common Stock (6701)	Direct
2010-12-07	Director Stock Option (right to buy)	$1.36	A	1341	Acquired	2020-12-07	Class A Common Stock (1341)	Direct
2011-12-02	Director Stock Option (right to buy)	$1.01	A	6382	Acquired	2021-12-02	Class A Common Stock (6382)	Direct
2011-12-07	Director Stock Option (right to buy)	$1.01	A	1277	Acquired	2021-12-07	Class A Common Stock (1277)	Direct
2012-04-13	Director Stock Option (right to buy)	$1.27	A	6078	Acquired	2022-04-13	Class A Common Stock (6078)	Direct
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	D	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: Received pursuant to a stock dividend paid on February 5, 2016.

F2: 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 Director 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F3: 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F4: This option was granted on March 31, 2008 as an option for 2,500 shares of Class A Common Stock under the 2006 Director 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F5: This option was granted on December 5, 2008 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.50 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F6: This option was granted on December 7, 2008 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.41 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F7: 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F8: 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, February 7, 2014, February 6, 2015 and February 5, 2016.

F9: This option was granted on December 3, 2010 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.83 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 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F10: This option was granted on December 7, 2010 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.83 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 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F11: This option was granted on December 2, 2011 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.30 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 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F12: This option was granted on December 7, 2011 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.24 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 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F13: This option was granted on April 13, 2012 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.56 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 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F14: 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 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015 and February 5, 2016.

F15: 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 5% stock dividends paid on February 7, 2014, February 6, 2015 and February 5, 2016.

F16: 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 5% stock dividends paid on February 7, 2014, February 6, 2015 and February 5, 2016.

F17: 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, 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.

F18: 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, 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.

F19: This option was granted on December 4, 2015 as an option for 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.

F20: This option was granted on December 7, 2015 as an option for 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.