SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WILLIE DAVIS
(Last) (First) (Middle)
161 NORTH LABREA
(Street)
LOS ANGELES CA 90301
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fidelity National Financial, Inc. [ FNF ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Common Stock 05/26/2011 M 83,457 A $2.6638 125,217 D
Common Stock 05/26/2011 S 13,300 D $15.655 111,917 D
Common Stock 05/26/2011 S 157 D $15.675 111,760 D
Common Stock 05/26/2011 S 10,700 D $15.68 101,060 D
Common Stock 05/26/2011 S 455 D $15.6815 100,605 D
Common Stock 05/26/2011 S 300 D $15.683 100,305 D
Common Stock 05/26/2011 S 27,900 D $15.685 72,405 D
Common Stock 05/26/2011 S 200 D $15.687 72,205 D
Common Stock 05/26/2011 S 10,345 D $15.69 61,860 D
Common Stock 05/26/2011 S 100 D $15.6901 61,760 D
Common Stock 05/26/2011 S 200 D $15.6902 61,560 D
Common Stock 05/26/2011 S 300 D $15.6903 61,260 D
Common Stock 05/26/2011 S 300 D $15.6915 60,960 D
Common Stock 05/26/2011 S 300 D $15.693 60,660 D
Common Stock 05/26/2011 S 3,500 D $15.695 57,160 D
Common Stock 05/26/2011 S 100 D $15.6975 57,060 D
Common Stock 05/26/2011 S 5,600 D $15.7 51,460 D
Common Stock 05/26/2011 S 700 D $15.7015 50,760 D
Common Stock 05/26/2011 S 4,923 D $15.705 45,837 D
Common Stock 05/26/2011 S 500 D $15.707 45,337 D
Common Stock 05/26/2011 S 2,577 D $15.71 42,760 D
Common Stock 05/26/2011 S 300 D $15.7115 42,460 D
Common Stock 05/26/2011 S 700 D $15.715 41,760 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right To Purchase) $2.6638 05/26/2011 M 83,457 08/03/2003 08/03/2011 Common Stock 83,457 $0 0 D
Explanation of Responses:
Goodloe M. Partee, as attorney in fact. 05/31/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.