SEC FORM 4

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^*

WEBB MICHAEL R

(Last)

(First)

(Middle)

1929 ALLEN PARKWAY

(Street)

HOUSTON

77019

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SERVICE CORPORATION INTERNATIONAL [ SCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec. V.P./Chief Op. Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/15/2007		M		75,000	A	$6.6563	354,808	D
Common Stock	11/15/2007		M		37,500	A	$2.375	392,308	D
Common Stock	11/15/2007		S		1,900	D	$13.52	390,408	D
Common Stock	11/15/2007		S		3,515	D	$13.51	386,893	D
Common Stock	11/15/2007		S		23,285	D	$13.5	363,608	D
Common Stock	11/15/2007		S		1,300	D	$13.4948	362,308	D
Common Stock	11/15/2007		S		20,200	D	$13.49	342,108	D
Common Stock	11/15/2007		S		500	D	$13.4899	341,608	D
Common Stock	11/15/2007		S		2,900	D	$13.4846	338,708	D
Common Stock	11/15/2007		S		1,100	D	$13.4845	337,608	D
Common Stock	11/15/2007		S		12,500	D	$13.48	325,108	D
Common Stock	11/15/2007		S		600	D	$13.4793	324,508	D
Common Stock	11/15/2007		S		1,400	D	$13.4785	323,108	D
Common Stock	11/15/2007		S		600	D	$13.4782	322,508	D
Common Stock	11/15/2007		S		600	D	$13.4751	321,908	D
Common Stock	11/15/2007		S		500	D	$13.4717	321,408	D
Common Stock	11/15/2007		S		2,000	D	$13.47	319,408	D
Common Stock	11/15/2007		S		2,000	D	$13.4698	317,408	D
Common Stock	11/15/2007		S		3,700	D	$13.4691	313,708	D
Common Stock	11/15/2007		S		800	D	$13.4683	312,908	D
Common Stock	11/15/2007		S		21,428	D	$13.46	291,480	D
Common Stock	11/15/2007		S		1,000	D	$13.4592	290,480	D
Common Stock	11/15/2007		S		2,500	D	$13.4567	287,980	D
Common Stock	11/15/2007		S		1,300	D	$13.4544	286,680	D
Common Stock	11/15/2007		S		1,300	D	$13.454	285,380	D
Common Stock	11/15/2007		S		2,500	D	$13.4524	282,880	D
Common Stock	11/15/2007		S		2,272	D	$13.45	280,608	D
Common Stock	11/15/2007		S		800	D	$13.4211	279,808	D
Common Stock								19,167	I	By 401(k) plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$6.6563	11/15/2007		M			75,000	01/12/2003	01/12/2008	Common Stock	75,000	$0.00	0	D
Employee Stock Option (right to buy)	$2.375	11/15/2007		M			37,500	08/09/2003	08/09/2008	Common Stock	37,500	$0.00	0	D

Explanation of Responses:

Remarks:

	Michael R. Webb	11/19/2007
	** 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.