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
Nelson, Gary R.
c/o Fidelity National Financial, Inc.
17911 Von Karman Avenue
Suite 300
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)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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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 |01/07/|J |V| | | |29,219.0660* |D | |
|97 | | | | | | | | |
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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>
Employee Stock Option |$1.2518*|01/07|J |V|15,972** |A |07/15|07/13|Common Stock|15,972*| |15,972** |D | |
(right to buy) |* |/97 | | | | |/88 |/98 | |* | | | | |
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|$6.8182*|01/07|J |V|5,500** |A |05/14|05/14|Common Stock|5,500**| |5,500** |D | |
|* |/97 | | | | |/96 |/08 | | | | | | |
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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 274.1726 shares (401(k)), .0484 shares (ESPP) and 2,395.2 shares
(Paine Webber) 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: 14,520
shares, exercise price of
$1.3769 and 5,000 shares, exercise price of
$7.5000.
