ThZeal - The Zeal

SEC FORM 3/A SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

LEDBETTER BRADFORD LUKE

(Last)

(First)

(Middle)

C/O STATE NATIONAL COMPANIES, INC.

1900 L. DON DODSON DRIVE

(Street)

BEDFORD

TX

76021

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/13/2015

3. Issuer Name and Ticker or Trading Symbol
State National Companies, Inc. [ SNC ]

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

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)
02/13/2015

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	5,608,272	I	By Trust⁽¹⁾
Common Stock	100⁽²⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options (right to purchase)	⁽³⁾	06/25/2024	Common Stock	284,900	$10	D

Explanation of Responses:

1. See Exhibit 99 for text of Footnote, which Exhibit is incorporated by reference herein.

2. These shares are held directly by Bradford Luke Ledbetter.

3. These stock options are held directly by Bradford Luke Ledbetter and vest in three equal annual installments beginning 06/25/2015.

Remarks:

Exhibit 99 - Explanation of Response Exhibit 24 - Power of Attorney This Amendment is filed solely to correct the power of attorney. There are no material changes to the Form 3.

	/s/ Elise M. Simbro, Attorney-in-Fact for Bradford Luke Ledbetter, individually and in his capacity as sole trustee or co-trustee, as applicable, of each of the trusts listed in Footnote 1 hereof.	02/13/2015
	** 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 5 (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.
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