UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Foley, William P., II
c/o Fidelity National Financial, Inc.
17911 Von Karman Avenue
Suite 500
Irvine, CA 92614
U.S.A.
2. Issuer Name and Ticker or Trading Symbol
Fidelity National Financial, Inc.
FNF
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
January 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board, Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |01/16/|R |V|2,002.5730 |A |$14.925 | | |ESPP |
|97 | | | | | | | | |
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|01/29/|R |V|675.5030 |A |$13.625 | | | |
|97 | | | | | | | | |
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| | | | | | |1,267,079.5527* |D | |
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| | | | | | |1,559,050.0000* |I |Folco Development |
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| | | | | | |2,826,129.5527* | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employe Stock Option (|$.7218**|01/07|J |V|108,900** |A |09/27|03/14|Common Stock|108,900| |108,900** |D | |
right to buy) | |/97 | | | | |/92 |/03 | |** | | | | |
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|$3.2355*|01/07|J |V|51,973** |A |11/05|03/14| |51,973*| |51,973** |D | |
|* |/97 | | | | |/92 |/04 | |* | | | | |
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|$12.6035|01/07|J |V|181,500** |A |04/13|04/12| |181,500| |181,500** |D | |
|** |/97 | | | | |/94 |/03 | |** | | | | |
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|$8.1955*|01/07|J |V|38,115** |A |11/24|03/14| |38,115*| |38,115** |D | |
|* |/97 | | | | |/93 |/05 | |* | | | | |
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|$11.4673|01/07|J |V|181,500** |A |06/15|06/14| |181,500| |181,500** |D | |
|** |/97 | | | | |/95 |/04 | |** | | | | |
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|$6.8800*|01/07|J |V|25,410** |A |12/15|06/14| |25,410*| |25,410** |D | |
|* |/97 | | | | |/94 |/06 | |* | | | | |
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|$4.0500*|01/07|J |V|7,260** |A |10/07|04/07| |7,260**| |7,260* |D | |
|* |/97 | | | | |/95 |/07 | | | | | | |
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|$8.3682*|01/07|J |V|181,500** |A |04/17|04/16| |181,500| |181,500** |D | |
|* |/97 | | | | |/96 |/05 | |** | | | | |
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|$11.5908|01/07|J |V|165,000** |A |04/11|04/10| |165,000| |165,000** |D | |
|** |/97 | | | | |/96 |/06 | |** | | | | |
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|$6.8182*|01/07|J |V|23,100** |A |11/14|05/14| |23,100*| |23,100** |D | |
|* |/97 | | | | |/96 |/08 | |* | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
*On December 11, 1996, FNFI declared a ten percent (10%) stock dividend to all
common stock stockholders of
record as of December 23, 1996, payable on January 7, 1997. As a result, the
reporting person received an
additional 575.9493 shares (401(k), 10.9670 shares (ESPP), 11,951 shares
(Merrill Lynch) and 102,442 (direct),
141,730 (Folco) shares of FNFI common stock on January 7,
1997.
** The options listed above were adjusted to reflect the stock dividend
declared by FNFI on December 11, 1996,
payable on January 7, 1997, for previously reported options as follows: 99,000
shares, exercise price of
$.7940; 47,249 shares, exercise price of $3.5590; 165,000 shares, exercise
price of $13.8640; 34,650 shares,
exercise price of $9.0150; 165,000 shares, exercise price of $12.6140; 23,100
shares, exercise price of
$7.5680; 6,600 shares, exercise price of $4.4550; 165,000 shares, exercise
price of $9.2050; 150,000 shares,
exercise price of $12.7500 and 21,000 shares, exercise price of
$7.500.
