SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2017

Jan 12, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2016-12-27

Reporting Person: Quist S. Andrew (Director, VP; Assoc. Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-27	Class A Common Stock	G	2000	—	Disposed	10030	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-02	Employee Stock Option (right to buy)	$1.01	A	19145	Acquired	2021-12-02	Class A Common Stock (19145)	Direct
2012-04-13	Employee Stock Option (right to buy)	$1.27	A	18233	Acquired	2022-04-13	Class A Common Stock (18233)	Direct
2013-12-06	Employee Stock Option (right to buy)	$4.16	A	11576	Acquired	2023-12-06	Class A Common Stock (11576)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.88	A	11025	Acquired	2024-07-02	Class A Common Stock (11025)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.53	A	22050	Acquired	2024-12-05	Class A Common Stock (22050)	Direct
2015-12-04	Employee Stock Option (right to buy)	$6.38	A	21000	Acquired	2025-12-04	Class A Common Stock (21000)	Direct
2016-12-02	Employee Stock Option (right to buy)	$7.03	A	20000	Acquired	2026-12-02	Class A Common Stock (20000)	Direct

Footnotes

F1: Does not include 42,325 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.

F2: This option was granted on December 2, 2011 as an option for 15,000 shares of Class A Common Stock at an exercise price of $1.30 per share, but adjusted pursuant to the anti-dilution provisions of the 2003 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.

F3: This option was granted on April 14, 2012 as an option for 15,000 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 and February 5, 2016.

F4: This option was granted on December 6, 2013 as an option for 10,000 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.

F5: This option was granted on July 2, 2014 as an option for 10,000 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.

F6: This option was granted on December 5, 2014 as an option for 20,000 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.

F7: This option was granted on December 4, 2015 as an option for 20,000 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 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.

F8: This option was granted on December 2, 2016 as an option for 20,000 shares of Class A Common Stock at an exercise price of $7.03 per share. This option vests in four equal quarterly installments of Class A Common Stock, beginning on March 2, 2017, until such shares are fully vested.