X0306 4 2015-02-12 0 0000818677 SECURITY FEDERAL CORP SFDL 0001220984 VERENES CHRIS J P O BOX 810 AIKEN SC 29802 1 1 0 0 Chief Executive Officer Common Stock, par value 0.01 per share 2015-02-12 4 A 0 1473 A 22346 D Represents award of restricted stock under the 2008 Equity Incentive Plan, which vest two years from the award date, or on February 12, 2017. The restricted stock will be held in trust, including any dividends paid on such stock, until the restricted stock vests on February 12, 2017. Includes 5,300 shares held jointly with spouse. /s/Beverly S. Nettles, Attorney-in-Fact 2015-02-17