SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2017

Apr 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2017-02-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-03	Class A Common Stock	J	6001	$7.03	Acquired	126027	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-06	Employee Stock Option (right to buy)	$3.95	A	6078	Acquired	2023-12-06	Class A Common Stock (6078)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.69	A	5789	Acquired	2024-07-02	Class A Common Stock (5789)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.3	A	11576	Acquired	2024-12-05	Class A Common Stock (11576)	Direct
2015-12-04	Employee Stock Option (right to buy)	$6.06	A	7718	Acquired	2025-12-04	Class A Common Stock (7718)	Direct
2016-12-02	Employee Stock Option (right to buy)	$6.68	A	5250	Acquired	2026-12-02	Class A Common Stock (5250)	Direct

Footnotes

F1: Received pursuant to a stock dividend paid on February 3, 2017.

F2: Does not include 120,881 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 Non-Qualified Deferred Compensation Plan and 23,664 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan.

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, February 5, 2016 and February 3, 2017.

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, February 5, 2016 and February 3, 2017.

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, February 5, 2016 and February 3, 2017.

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 5% stock dividends paid on February 5, 2016 and February 3, 2017.

F7: This option was granted on December 2, 2016 as an option to purchase 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. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 2, 2017, until such shares are fully vested.