SECURITY NATIONAL FINANCIAL CORP — Director's Dealing 2018

Jul 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SECURITY NATIONAL FINANCIAL CORP (SNFCA)
CIK: 0000318673
Period of Report: 2018-02-02

Reporting Person: Sill Garrett S. (CFO; Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-01	Class A Common Stock	J	1826	$4.8	Acquired	38341	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-06	Employee Stock Option (right to buy)	$3.75	A	5106	Acquired	2023-12-06	Class A Common Stock (5106)	Direct
2014-07-02	Employee Stock Option (right to buy)	$3.51	A	4863	Acquired	2024-07-02	Class A Common Stock (4863)	Direct
2014-12-05	Employee Stock Option (right to buy)	$4.09	A	9724	Acquired	2024-12-05	Class A Common Stock (9724)	Direct
2015-12-04	Employee Stock Option (right to buy)	$5.76	A	11576	Acquired	2025-12-04	Class A Common Stock (11576)	Direct
2016-12-02	Employee Stock Option (right to buy)	$6.35	A	11025	Acquired	2026-12-02	Class A Common Stock (11025)	Direct
2017-12-01	Employee Stock Option (right to buy)	$4.8	A	15750	Acquired	2027-12-01	Class C Common Stock (15750)	Direct

Footnotes

F1: Received pursuant to a stock dividend paid on February 2, 2018.

F2: Does not include 17,416 shares of Class A Common Stock owned indirectly by the reporting person and the Employee Stock Ownership Plan (ESOP) and the 401(k) Retirement Savings Plan.

F3: This option was granted on December 6, 2013 as an option for 4,000 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, February 6, 2015, February 5, 2016, February 3, 2017, and February 2, 2018.

F4: This option was granted on July 2, 2014 as an option for 4,000 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, February 3, 2017, and February 2, 2018.

F5: This option was granted on December 5, 2014 as an option for 8,000 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, February 3, 2017, and February 2, 2018.

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, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016, February 3, 2017, and February 2, 2018.

F7: This option was granted on December 2, 2016 as an option for 10,000 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 5% stock dividends paid on February 3, 2017 and February 2, 2018.

F8: This option was granted on December 1, 2017 as an option for either 15,000 shares of Class A Common Stock at an exercise price of $5.05 per share or 15,000 shares of Class C Common Stock at an exercise price of $5.05 per share, or any combination thereof. This option reflects the reporting person's election to have an option for 15,000 shares of Class C Common Stock at an exercise price of $5.05 per share. This option vests in four equal quarterly installments of Class C Common Stock, beginning on March 1, 2018, until such shares are fully vested, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 2, 2018.