Moody H. Craig Form 4 SECURITY NATIONAL FINANCIAL / H. CRAIG MOODY ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MOODY H. CRAIG

(Last)

(First)

(Middle)

11892 SOUTH BROOKGLEN DRIVE

(Street)

SANDY

84092

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SECURITY NATIONAL FINANCIAL CORP [ SNFCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/03/2017		J⁽¹⁾	V	352	A	$7.03	7,394	D
Class A Common Stock	02/03/2017		J⁽²⁾	V	70	A	$7.03	1,477	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Option (right to buy)	$2.27⁽³⁾	12/07/2007		A		1,630⁽³⁾		12/07/2008	12/07/2017	Class A Common Stock	1,630⁽³⁾	$2.27⁽³⁾	1,630⁽³⁾	D
Director Stock Option (right to buy)	$2.45⁽⁴⁾	03/31/2008		A		3,880⁽⁴⁾		03/31/2009	03/31/2018	Class A Common Stock	3,880⁽⁴⁾	$2.45⁽⁴⁾	3,880⁽⁴⁾	D
Director Stock Option (right to buy)	$0.95⁽⁵⁾	12/05/2008		A		7,757⁽⁵⁾		12/05/2009	12/05/2018	Class A Common Stock	7,757⁽⁵⁾	$0.95⁽⁵⁾	7,757⁽⁵⁾	D
Director Stock Option (right to buy)	$0.9⁽⁶⁾	12/07/2008		A		1,552⁽⁶⁾		12/07/2009	12/07/2018	Class A Common Stock	1,552⁽⁶⁾	$0.9⁽⁶⁾	1,552⁽⁶⁾	D
Director Stock Option (right to buy)	$2.36⁽⁷⁾	12/04/2009		A		7,388⁽⁷⁾		12/04/2010	12/04/2019	Class A Common Stock	7,388⁽⁷⁾	$2.36⁽⁷⁾	7,388⁽⁷⁾	D
Director Stock Option (right to buy)	$2.36⁽⁸⁾	12/07/2009		A		1,478⁽⁸⁾		12/07/2010	12/07/2019	Class A Common Stock	1,478⁽⁸⁾	$2.36⁽⁸⁾	1,478⁽⁸⁾	D
Director Stock Option (right to buy)	$1.29⁽⁹⁾	12/03/2010		A		7,036⁽⁹⁾		12/03/2011	12/03/2020	Class A Common Stock	7,036⁽⁹⁾	$1.29⁽⁹⁾	7,036⁽⁹⁾	D
Director Stock Option (right to buy)	$1.29⁽¹⁰⁾	12/07/2010		A		1,408⁽¹⁰⁾		12/07/2011	12/07/2020	Class A Common Stock	1,408⁽¹⁰⁾	$1.29⁽¹⁰⁾	1,408⁽¹⁰⁾	D
Director Stock Option (right to buy)	$0.96⁽¹¹⁾	12/02/2011		A		6,701⁽¹¹⁾		12/02/2012	12/02/2021	Class A Common Stock	6,701⁽¹¹⁾	$0.96⁽¹¹⁾	6,701⁽¹¹⁾	D
Director Stock Option (right to buy)	$0.96⁽¹²⁾	12/07/2011		A		1,341⁽¹²⁾		12/07/2012	12/07/2021	Class A Common Stock	1,341⁽¹²⁾	$0.96⁽¹²⁾	1,341⁽¹²⁾	D
Director Stock Option (right to buy)	$1.21⁽¹³⁾	04/13/2012		A		6,382⁽¹³⁾		04/13/2013	04/13/2022	Class A Common Stock	6,382⁽¹³⁾	$1.21⁽¹³⁾	6,382⁽¹³⁾	D
Director Stock Option (right to buy)	$5.75⁽¹⁴⁾	12/07/2012		A		1,277⁽¹⁴⁾		12/07/2013	12/07/2022	Class A Common Stock	1,277⁽¹⁴⁾	$5.75⁽¹⁴⁾	1,277⁽¹⁴⁾	D
Director Stock Option (right to buy)	$3.95⁽¹⁵⁾	12/06/2013		A		5,885⁽¹⁵⁾		12/06/2014	12/06/2023	Class A Common Stock	5,885⁽¹⁵⁾	$3.95⁽¹⁵⁾	5,885⁽¹⁵⁾	D
Director Stock Option (right to buy)	$3.95⁽¹⁶⁾	12/07/2013		A		1,216⁽¹⁶⁾		12/07/2014	12/07/2023	Class A Common Stock	1,216⁽¹⁶⁾	$3.95⁽¹⁶⁾	1,216⁽¹⁶⁾	D
Director Stock Option (right to buy)	$4.3⁽¹⁷⁾	12/05/2014		A		5,789⁽¹⁷⁾		12/05/2015	12/05/2024	Class A Common Stock	5,789⁽¹⁷⁾	$4.3⁽¹⁷⁾	5,789⁽¹⁷⁾	D
Director Stock Option (right to buy)	$4.3⁽¹⁸⁾	12/07/2014		A		1,158⁽¹⁸⁾		12/07/2015	12/07/2024	Class A Common Stock	1,158⁽¹⁸⁾	$4.3⁽¹⁸⁾	1,158⁽¹⁸⁾	D
Director Stock Option (right to buy)	$6.06⁽¹⁹⁾	12/04/2015		A		5,513⁽¹⁹⁾		12/04/2016	12/04/2025	Class A Common Stock	5,513⁽¹⁹⁾	$6.06⁽¹⁹⁾	5,513⁽¹⁹⁾	D
Director Stock Option (right to buy)	$6.06⁽²⁰⁾	12/07/2015		A		1,103⁽²⁰⁾		12/07/2016	12/07/2025	Class A Common Stock	1,103⁽²⁰⁾	$6.06⁽²⁰⁾	1,103⁽²⁰⁾	D
Director Stock Option (right to buy)	$6.68⁽²¹⁾	12/02/2016		A		5,250⁽²¹⁾		12/02/2017⁽²¹⁾	12/02/2026	Class A Common Stock	5,250⁽²¹⁾	$6.68⁽²¹⁾	5,250⁽²¹⁾	D
Director Stock Option (right to buy)	$6.99⁽²²⁾	12/07/2016		A		1,050⁽²²⁾		12/07/2017⁽²²⁾	12/07/2026	Class A Common Stock	1,050⁽²²⁾	$6.99⁽²²⁾	1,050⁽²²⁾	D

Explanation of Responses:

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

2. The reporting person disclaims ownership of these securities, and this report should not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.

3. This option was granted on December 7, 2007 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.75 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

4. This option was granted on March 31, 2008 as an option for 2,500 shares of Class A Common Stock under the 2006 Director Option Plan at an exercise price of $3.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

5. This option was granted on December 5, 2008 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.50 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

6. This option was granted on December 7, 2008 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.41 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

7. This option was granted on December 4, 2009 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

8. This option was granted on December 7, 2009 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $3.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect a 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

9. This option was granted on December 3, 2010 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.83 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 plan to reflect 5% stock dividends paid on February 4, 2011, February 3, 2012, February 1, 2013, February 6, 2015, February 5, 2016 and February 3, 2017.

10. This option was granted on December 7, 2010 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.83 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

11. This option was granted on December 2, 2011 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.30 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

12. This option was granted on December 7, 2011 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.24 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2012, February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

13. This option was granted on April 13, 2012 as an option for 5,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $1.56 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director 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.

14. This option was granted on December 7, 2012 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $7.42 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

15. This option was granted on December 6, 2013 as an option for 4,842 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

16. This option was granted on December 7, 2013 as an option for 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Director Stock Option Plan to reflect 5% stock dividends paid on February 7, 2014, February 6, 2015, February 5, 2016 and February 3, 2017.

17. This option was granted on December 5, 2014 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.02 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015, February 5, 2016 and February 3, 2017.

18. This option was granted on December 7, 2014 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $4.85 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 6, 2015, February 5, 2016 and February 3, 2017.

19. This option was granted on December 4, 2015 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016 and February 3, 2017.

20. This option was granted on December 7, 2015 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016 and February 3, 2017.

21. This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017. The option vests on December 2, 2017.

22. This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017. The option vests on December 7, 2017.

	/s/H. Craig Moody	04/21/2017
	** Signature of Reporting Person	Date
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Moody H. Craig Form 4SECURITY NATIONAL FINANCIAL / H. CRAIG MOODY ownership change