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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

GARRISON J DANIEL

(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)
	Sr. VP Operations Support

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2007

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	05/11/2007		M		75,000	A	$6.6563	195,836	D
Common Stock	05/11/2007		M		37,500	A	$2.375	233,336	D
Common Stock	05/11/2007		M		120,000	A	$3.745	353,336	D
Common Stock	05/11/2007		S		300	D	$13.43	353,036	D
Common Stock	05/11/2007		S		2,300	D	$13.44	350,736	D
Common Stock	05/11/2007		S		400	D	$13.45	350,336	D
Common Stock	05/11/2007		S		1,200	D	$13.4525	349,136	D
Common Stock	05/11/2007		S		1,700	D	$13.46	347,436	D
Common Stock	05/11/2007		S		600	D	$13.49	346,836	D
Common Stock	05/11/2007		S		4,300	D	$13.4825	342,536	D
Common Stock	05/11/2007		S		5,300	D	$13.4725	337,236	D
Common Stock	05/11/2007		S		1,500	D	$13.4625	335,736	D
Common Stock	05/11/2007		S		4,500	D	$13.4425	331,236	D
Common Stock	05/11/2007		S		4,500	D	$13.4325	326,736	D
Common Stock	05/11/2007		S		6,000	D	$13.41	320,736	D
Common Stock	05/11/2007		S		2,100	D	$13.42	318,636	D
Common Stock	05/11/2007		S		2,700	D	$13.4225	315,936	D
Common Stock	05/11/2007		S		1,000	D	$13.3325	314,936	D
Common Stock	05/11/2007		S		100	D	$13.335	314,836	D
Common Stock	05/11/2007		S		1,000	D	$13.3425	313,836	D
Common Stock	05/11/2007		S		1,200	D	$13.35	312,636	D
Common Stock	05/11/2007		S		2,600	D	$13.36	310,036	D
Common Stock	05/11/2007		S		3,400	D	$13.38	306,636	D
Common Stock	05/11/2007		S		3,400	D	$13.37	303,236	D
Common Stock	05/11/2007		S		1,700	D	$13.29	301,536	D
Common Stock	05/11/2007		S		22,600	D	$13.33	278,936	D
Common Stock	05/11/2007		S		5,800	D	$13.34	273,136	D
Common Stock								340	I	By Daughter
Common Stock								340	I	By Son
Common Stock								23,987	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	05/11/2007		M			75,000	⁽¹⁾	01/12/2008	Common Stock	75,000	$0.00	0	D
Employee Stock Option (right to buy)	$2.375	05/11/2007		M			37,500	⁽²⁾	08/09/2008	Common Stock	37,500	$0.00	0	D
Employee Stock Option (right to buy)	$3.745	05/11/2007		M			120,000	⁽³⁾	02/14/2009	Common Stock	120,000	$0.00	80,000	D

Explanation of Responses:

1. The option vested in three equal annual installments on January 12, 2001, 2002 and 2003.

2. The option vested in three equal annaul installments on August 9, 2001, 2002 and 2003.

3. The option vested in three equal annual installments on February 14, 2002, 2003 and 2004.

Remarks:

	J. Daniel Garrison	05/15/2007
	** 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.