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

1. Name and Address of Reporting Person *

Christie Q. Overbaugh
2. Issuer Name and Ticker or Trading Symbol

SECURITY NATIONAL FINANCIAL CORP [ SNFCA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Sr. VP Life Ins. Inter. Op.
(Last)          (First)          (Middle)

13471 SOUTH TUSCALEE WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

12/6/2019
(Street)

DRAPER, UT 84020
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Class A Common Stock 12/6/2019  M  12763 A$3.89 156645 (1)D  
Class A Common Stock 12/6/2019  F  9093 D$5.46 147552 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $3.89 (2)12/5/2014  M     12763 (2) 3/5/2015 12/5/2024 Class A Common Stock 12763 (2)$3.89 (2)0 (2)D  
Employee Stock Option (right to buy) $5.47 (3)12/4/2015  A   8509 (3)   3/4/2016 12/4/2025 Class A Common Stock 8509 (3)$5.47 (3)8509 (3)D  
Employee Stock Option (right to buy) $6.03 (4)12/2/2016  A   5789 (4)   3/2/2017 12/2/2026 Class A Common Stock 5789 (4)$6.03 (4)5789 (4)D  
Employee Stock Option (right to buy) $4.56 (5)12/1/2017  A   5513 (5)   3/1/2018 12/1/2027 Class A Common Stock 5513 (5)$4.56 (5)5513 (5)D  
Employee Stock Option (right to buy) $5.24 (6)11/30/2018  A   5250 (6)   2/28/2019 11/30/2028 Class A Common Stock 5250 (6)$5.24 (6)5250 (6)D  

Explanation of Responses:
(1) Of these shares of Class A Common Stock, 40,305 shares are held jointly by the reporting person with a son or daughter. Does not include 132,937 shares of Class A Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP), the 401(k) Retirement Savings Plan, and the Non-Qualified Deferred Compensation Plan and 34,555 shares of Class C Common Stock owned indirectly by the reporting person in the Employee Stock Ownership Plan (ESOP).
(2) This option was granted on December 5, 2014 as an option to purchase 10,000 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, February 2, 2018, and February 1, 2019.
(3) This option was granted on December 4, 2015 as an option to purchase 7,000 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, February 2, 2018, and February 1, 2019.
(4) This option was granted on December 2, 2016 as an option to purchase 5,000 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, February 2, 2018, and February 1, 2019.
(5) This option was granted on December 1, 2017 as an option to purchase 5,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018 and February 1, 2019.
(6) This option was granted on November 30, 2018 as an option to purchase 5,000 shares of Class A Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 1, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Christie Q. Overbaugh
13471 SOUTH TUSCALEE WAY
DRAPER, UT 84020


Sr. VP Life Ins. Inter. Op.

Signatures
/s/Christie Q. Overbaugh12/18/2019
**Signature of Reporting PersonDate

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