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*
SMITH ERNEST
(Last) (First) (Middle)
601 RIVERSIDE AVENUE
(Street)
JACKSONVILLE FL 322404
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIDELITY NATIONAL FINANCIAL INC /DE/ [ FNF ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. VP; Co-COO
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2004
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 06/01/2004 M 3,046 A $9.299 30,546 D
Common Stock 06/01/2004 M 4,376 A $11.7311 34,922 D
Common Stock 06/01/2004 M 14,010 A $12.0992 48,932 D
Common Stock 06/01/2004 M 22,184 A $14.0364 71,116 D
Common Stock 06/01/2004 M 1,484 A $16.3636 72,600 D
Common Stock 06/01/2004 M 8,265 A $12.0992 80,865 D
Common Stock 06/01/2004 M 11,123 A $16.3636 91,988 D
Common Stock 06/01/2004 M 11,459 A $24.1455 103,447 D
Common Stock 06/01/2004 S 2,700 D $37.2 100,747 D
Common Stock 06/01/2004 S 100 D $37.25 100,647 D
Common Stock 06/01/2004 S 800 D $37.3 99,847 D
Common Stock 06/01/2004 S 400 D $37.31 99,447 D
Common Stock 06/01/2004 S 1,100 D $37.32 98,347 D
Common Stock 06/01/2004 S 8,000 D $37.34 90,347 D
Common Stock 06/01/2004 S 13,200 D $37.36 77,147 D
Common Stock 06/01/2004 S 300 D $37.41 76,847 D
Common Stock 06/01/2004 S 1,700 D $37.43 75,147 D
Common Stock 06/01/2004 S 3,000 D $37.45 72,147 D
Common Stock 06/01/2004 S 1,000 D $37.49 71,147 D
Common Stock 06/01/2004 S 3,000 D $37.51 68,147 D
Common Stock 06/01/2004 S 1,600 D $37.52 66,547 D
Common Stock 06/01/2004 S 8,200 D $37.56 58,347(1) 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) $9.299 06/01/2004 M 3,046 11/21/2003 11/21/2011 Common Stock 9,130 $9.299 0 D
Stock Option (right to purchase) $11.7311 06/01/2004 M 4,376 (2) 04/25/2011 Common Stock 17,474 $11.7311 4,368 D
Stock Option (right to purchase) $12.0992 06/01/2004 M 14,010 10/17/2003 10/17/2010 Common Stock 75,026 $12.0992 0 D
Stock Option (right to purchase) $14.0364 06/01/2004 M 22,184 04/16/2004 04/16/2011 Common Stock 66,550 $14.0364 0 D
Stock Option (right to purchase) $16.3636 06/01/2004 M 1,484 02/21/2004 02/21/2012 Common Stock 37,812 $16.3636 11,123 D
Stock Option (right to purchase) $12.0992 06/01/2004 M 8,265 10/17/2003 10/17/2010 Common Stock 24,795 $12.0992 0 D
Stock Option (right to purchase) $16.3636 06/01/2004 M 11,123 02/21/2004 02/21/2012 Common Stock 37,812 $16.3636 0 D
Stock Option (right to purchase) $24.1455 06/01/2004 M 11,459 (3) 12/23/2012 Common Stock 34,375 $24.1455 22,916 D
Stock Option (right to purchase) (4) (5) (6) Common Stock 31,992 31,992(7)(8) D
Explanation of Responses:
1. On February 26, 2004, the common stock of Fidelity National Financial, Inc. split eleven for ten, resulting in the reporting person's acquisition of additional shares of common stock.
2. Options vest in four equal annual installments beginning on April 25, 2002.
3. Options vest in three equal annual installments beginning December 23, 2003.
4. Comprises options granted at various prices.
5. Exercise dates vary for each of the various grants.
6. Expiration dates vary for each of the various grants.
7. Includes 1,663 options owned by Reporting Person's spouse.
8. Reflects Reporting Person's total Derivative Securities ownership in Fidelity National Financial, Inc. as of June 1, 2004.
Remarks:
Ernest D. Smith 06/01/2004
** 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.