Edgar Filing: SECURITY NATIONAL FINANCIAL CORP

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Wilbur Norman G

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)

(Last)

(First)

(Middle)

2637 MUSTANG DRIVE

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2015

(Street)

MEAD, CO 80542

4. If Amendment, Date 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

(City)

(State)

(Zip)

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	02/06/2015		J⁽¹⁾	V	175	A	$ 5.02	3,672	D
Class A Common Stock	04/07/2015		S		500	D	$ 5.4477	3,172	D
Class A Common Stock	04/13/2015		M		6,701	A	$ 2.61	9,873	D
Class A Common Stock	04/13/2015		M		23	A	$ 2.61	9,896	D
Class A Common Stock	04/13/2015		S		1,000	D	$ 5.38	8,896	D
Class A Common Stock	04/14/2015		S		3,275	D	$ 5.3789	5,621	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Director Stock Option (right to buy)

$ 3.39 ⁽²⁾

12/07/2006

1,552 ⁽²⁾

12/07/2007

12/07/2016

Class A Common Stock

1,552 ⁽²⁾

$ 3.39 ⁽²⁾

1,552 ⁽²⁾

Director Stock Option (right to buy)

$ 2.52 ⁽³⁾

12/07/2007

1,478 ⁽³⁾

12/07/2008

12/07/2017

Class A Common Stock

1,478 ⁽³⁾

$ 2.52 ⁽³⁾

1,478 ⁽³⁾

Director Stock Option (right to buy)

$ 2.72 ⁽⁴⁾

03/31/2008

3,519 ⁽⁴⁾

03/31/2009

03/31/2018

Class A Common Stock

3,519 ⁽⁴⁾

$ 2.72 ⁽⁴⁾

3,519 ⁽⁴⁾

Director Stock Option (right to buy)

$ 2.61 ⁽⁵⁾

04/13/2015

6,701 ⁽⁵⁾

12/04/2010

12/04/2019

Class A Common Stock

6,701 ⁽⁵⁾

$ 2.61 ⁽⁵⁾

0 ⁽⁵⁾

Director Stock Option (right to buy)

$ 2.75 ⁽⁶⁾

04/13/2015

23 ⁽⁶⁾

12/07/2010

12/07/2019

Class A Common Stock

23 ⁽⁶⁾

$ 2.75 ⁽⁶⁾

0 ⁽⁶⁾

Director Stock Option (right to buy)

$ 2.75 ⁽⁶⁾

12/07/2009

1,318 ⁽⁶⁾

12/07/2010

12/07/2019

Class A Common Stock

1,318 ⁽⁶⁾

$ 2.75 ⁽⁶⁾

1,318 ⁽⁶⁾

Director Stock Option (right to buy)

$ 6.37 ⁽⁷⁾

12/07/2012

1,158 ⁽⁷⁾

12/07/2013

12/07/2022

Class A Common Stock

1,158 ⁽⁷⁾

$ 6.37 ⁽⁷⁾

1,158 ⁽⁷⁾

Director Stock Option (right to buy)

$ 4.38 ⁽⁸⁾

12/06/2013

5,338 ⁽⁸⁾

12/06/2014⁽⁸⁾

12/06/2023

Class A Common Stock

5,338 ⁽⁸⁾

$ 4.38 ⁽⁸⁾

5,338 ⁽⁸⁾

Director Stock Option (right to buy)

$ 4.38 ⁽⁹⁾

12/07/2013

1,103 ⁽⁹⁾

12/07/2014⁽⁹⁾

12/07/2023

Class A Common Stock

1,103 ⁽⁹⁾

$ 4.38 ⁽⁹⁾

1,103 ⁽⁹⁾

Director Stock Option (right to buy)

$ 4.77 ⁽¹⁰⁾

12/05/2014

5,250 ⁽¹⁰⁾

12/05/2015⁽¹⁰⁾

12/05/2024

Class A Common Stock

5,250 ⁽¹⁰⁾

$ 4.77 ⁽¹⁰⁾

5,250 ⁽¹⁰⁾

Director Stock Option (right to buy)

$ 4.77 ⁽¹¹⁾

12/07/2014

1,050 ⁽¹¹⁾

12/07/2015⁽¹¹⁾

12/07/2024

Class A Common Stock

1,050 ⁽¹¹⁾

$ 4.77 ⁽¹¹⁾

1,050 ⁽¹¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Wilbur Norman G 2637 MUSTANG DRIVE MEAD, CO 80542	X

Signatures

/s/ Norman G. Wilbur		04/16/2015
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Received pursuant to a stock dividend paid on February 6, 2015.
(2)	This option was granted on December 7, 2006 as an option to purchase 1,000 shares of Class A Common Stock under the 2006 Director Stock Option Plan at an exercise price of $5.31 per share, but adjusted pursuant to the anti-dilution provisions of the 2006 Stock Option Plan to reflect 5% stock dividends paid on February 9, 2007, February 8, 2008, February 6, 2009, February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015.
(3)	This option was granted on December 7, 2007 as an option to purchase 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 and February 6, 2015.
(4)	This option was granted on March 31, 2008 as an option to purchase 2,500 shares of Class A Common Stock under the 2006 Director Stock 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 and February 6, 2015.
(5)	This option was granted on December 4, 2009 as an option to purchase 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 and February 6, 2015.
(6)	This option was granted on December 7, 2009 as an option to purchase 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 5% stock dividends paid on February 5, 2010, February 4, 2011, February 3, 2012, February 1, 2013, February 7, 2014 and February 6, 2015. On April 13, 2015, the reporting person exercised part of this option to purchase 23 shares of Class A company stock.
(7)	This option was granted on December 7, 2012 as an option to purchase 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 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2013, February 7, 2014 and February 6, 2015.
(8)	This option was granted on December 6, 2013 as an option to purchase 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 a 5% stock option paid on February 7, 2014 and February 6, 2015.
(9)	This option was granted on December 7, 2013 as an option to purchase 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 and February 6, 2015.
(10)	This option was granted on December 5, 2014 as an option to purchase 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 a 5% stock dividend paid on February 6, 2015. This option vests on December 5, 2015.
(11)	This option was granted on December 7, 2014 as an option to purchase 1,000 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 but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 6, 2015. This option vests on December 7, 2015.

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