Quist George R. 4

4 · SECURITY NATIONAL FINANCIAL CORP · Filed Jul 26, 2011

Form 4

Period: 2011-07-21

DirectorChairman and CEO10% Owner

Transactions

Award
Employee Stock Option (right to buy)
2009-12-04$3.51/sh+110,250$386,978→ 110,250 total
Exercise: $3.51From: 2010-03-31Exp: 2014-12-04→ Class A Common Stock (110,250 underlying)
Award
Employee Stock Option (right to buy)
2010-12-03$1.82/sh+105,000$191,100→ 105,000 total
Exercise: $1.82From: 2011-03-31Exp: 2015-12-03→ Class A Common Stock (105,000 underlying)
Gift
Class A Common Stock
2011-07-21−100→ 1,066,636 total
Award
Employee Stock Option
2008-03-31$3.66/sh+57,881$211,844→ 57,881 total
Exercise: $3.66From: 2008-06-30Exp: 2013-03-31→ Class A Common Stock (57,881 underlying)
Award
Employee Stock Option (right to buy)
2008-12-05$1.43/sh+115,763$165,541→ 115,763 total
Exercise: $1.43From: 2009-03-31Exp: 2013-12-05→ Class A Common Stock (115,763 underlying)

Footnotes (5)

[F1]Includes 650,607 shares of Class A Common Stock and 4,496,896 shares of Class C Common Stock owned by George R. and Shirley C. Quist Family Partnership, Ltd. Does not include 86,614 shares of Class A Common Stock and 573,648 shares of Class C Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan, Associated Investors, and the Deferred Compensation Plan.
[F2]This option was originally reported as covering 50,000 shares of Class A Common Stock at an exercise price of $4.235 per share, but adjusted to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011.
[F3]This option was originally reported as covering 100,000 shares of Class A Common Stock at an exercise price of $1.65 per share, but adjusted to reflect 5% stock dividends paid on February 6, 2009, February 5, 2010 and February 4, 2011.
[F4]This option was originally reported as covering 100,000 shares of Class A Common Stock at an exercise price of $3.872 per share, but adjusted to reflect a 5% dividend paid on February 5, 2010 and February 4, 2011.
[F5]This option was originally reported as covering 100,000 shares of Class A Common Stock at an exercise price of $1.914 per share, but adjusted to reflect a 5% dividend paid on February 4, 2011. This option vests in four equal quarterly installments of 25,000 shares of Class A Common Stock, beginning on March 31, 2011, until such shares are vested.

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