SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2017

Dec 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2017-12-01

Reporting Person: Stephens Jeffrey Russell (Gen. Counsel & Corp. Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-13	Employee Stock Option (right to buy)	$1.21	A	3191	Acquired	2022-04-13	Class A Common Stock (3191)	Direct
2013-12-06	Employee Stock Option (right to buy)	$3.95	A	3039	Acquired	2023-12-06	Class A Common Stock (3039)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.69	A	2894	Acquired	2024-07-02	Class A Common Stock (2894)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.3	A	5789	Acquired	2024-12-05	Class A Common Stock (5789)	Direct
2015-12-04	Employee Stock Option (right to buy)	$6.06	A	5513	Acquired	2025-12-04	Class A Common Stock (5513)	Direct
2016-12-02	Employee Stock Option (right to buy)	$6.68	A	5250	Acquired	2026-12-02	Class A Common Stock (5250)	Direct
2017-12-01	Employee Stock Option (right to buy)	$5.05	A	5000	Acquired	2027-12-01	Class A Common Stock (5000)	Direct

Footnotes

F1: This option was granted on April 13, 2012 as an option for 5,000 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, February 6, 2015, February 5, 2016 and February 3, 2017. On December 4, 2012, the reporting person exercised part of these options to purchase 2,500 shares of Class A Common Stock.

F2: This option was granted on December 6, 2013 as an option for 2,500 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, February 6, 2015, February 5, 2016 and February 3, 2017.

F3: This option was granted on July 2, 2014 as an option for 2,500 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, February 5, 2016 and February 3, 2017.

F4: This option was granted on December 5, 2014 as an option for 5,000 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, February 5, 2016 and February 3, 2017.

F5: This option was granted on December 4, 2015 as an option for 5,000 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 5% stock dividends paid on February 5, 2016 and February 3, 2017.

F6: This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $7.03 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 3, 2017.

F7: This option was granted on December 1, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $5.05 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 1, 2018, until such shares are fully vested.