SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2016

Jan 5, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2016-01-01

Reporting Person: Johnson Stephen Charles (VP of Mortgage Operations)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2790	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$1.34	2022-04-13	Class A Common Stock (3743)		Direct
Employee Stock Option (right to buy)	$4.38	2023-12-06	Class A Common Stock (3308)		Direct
Employee Stock Option (right to buy)	$4.08	2024-07-02	Class A Common Stock (3150)		Direct
Employee Stock Option (right to buy)	$4.77	2024-12-05	Class A Common Stock (6300)		Direct
Employee Stock Option (right to buy)	$6.72	2025-12-04	Class A Common Stock (10000)		Direct

Footnotes

F1: Owned through a trust by the reporting person and his wife. Does not include 16,636 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.

F2: This option was granted on April 13, 2012 as an option for 3,000 shares of Class A Common Stock at an exercise price of $1.56 per share, but adjusted pursuant to the anti dilution provisions of the 2003 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014 and February 6, 2015.

F3: This option was granted on December 6, 2013 as an option for 3,000 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 and February 6, 2015.

F4: This option was granted on July 2, 2014 as an option for 3,000 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 a 5% stock dividend paid on February 6, 2015.

F5: This option was granted on December 5, 2014 as an option for 6,000 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 a 5% stock dividend paid on February 6, 2015.

F6: 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. The option vests in four quarterly installments beginning on March 4, 2016, until such shares are fully vested.