Filing Details

Check the appropriate box to designate the rule pursuant to which the Schedule is filed:

[  ]

Rule 13d-1(b)

[x]

Rule 13d-1(c)

[  ]

Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Item 1.

 

(a)

Name of Issuer

Security National Financial Corporation

(b)

Address of Issuer's Principal Executive Offices

5300 South 360 West, Suite 250

Salt Lake City, Utah 84123

Item 2.

 

(a)

Name of Persons Filing

(b)

Address of Principal Business Office or, if none, Residence

(c)

Citizenship

(d)

Title of Class of Securities

Class A Common Stock

(e)

CUSIP Number

814785309

Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:  Not applicable.

(a) ___

Broker or Dealer registered under Section 15 of the Act

(b) ___

Bank as defined in Section 3(a)(6) of the Act

(c) ___

Insurance Company as defined in Section 3(a)(19) of the Act

(d) ___

Investment Company registered under Section 8 of the Investment Company Act of 1940.

(e) ___

An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E)

(f) ___

An employee benefit plan, or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F)

(g) ___

A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G)

(h) ___

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

(i) ___

A church plan that is excluded from the definition of an investment company under Section 3(6)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

(j) ___

Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)

Item 4.  Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount Beneficially Owned as of July 31, 2016

           

(b)

Percent of Class

 

 

 

 

 

 

(i)

sole power to vote or to direct the vote:

(ii)

shared power to vote or to direct the vote:

 

(iii)

sole power to dispose or to direct the disposition of:

(iv)

shared power to dispose or to direct the disposition of:

 

	(1)	Includes a total of 289,442 shares of Class A common stock and 77,981 shares of Class C common stock owned indirectly by Mr. Quist in the Employee Stock Ownership Plan (ESOP), Associated Investors, the Non-Qualified Deferred Compensation Plan, and the 401(k) Retirement Savings Plan, as to which Mr. Quist has sole voting and dispositive powers.
	(2)	Each share of Class C common stock has ten votes. Thus, 907,752 shares of Class C common stock have 9,077,520 votes.
	(3)	Assumes that 907,752 shares of Class C common stock that Mr. Quist beneficially owns are converted into 907,752 shares of Class A common stock, which would result in Mr. Quist becoming the beneficial owner of 1,233,203 shares of Class A common stock, or 8.8% of the outstanding shares of Class A common stock.

 

Item 5.   Ownership of Five Percent or Less of a Class

Item 6. Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company

Not applicable.

Item 8.   Identification and Classification of Members of the Group

Not applicable.

Item 9.  Notice of Dissolution of Group

Not applicable.

Item 10.  Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 20, 2017

Signature