FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * MULLINS SUZANNE   2. Issuer Name and Ticker or Trading Symbol SMART & FINAL INC/DE [SMF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) S.V.P., St. Oper., S&FSC (Last) (First) (Middle) 600 CITADEL DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 02/21/2006 (Street) COMMERCE, CA 90040 4. If Amendment, Date 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 (City) (State) (Zip) 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, par value $.01 per share 02/21/2006   A   1,400 A $ 0 19,222 (9) D   Common Stock, par value $.01 per share               19,000 (2) I See footnote 2

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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 Underlying Securities (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 of Derivative Security: 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 Options

$ 6.5

09/16/2005(3)

09/16/2013

Common

15,000

15,000

D

Stock Options

$ 12.89

02/17/2006(1)

02/17/2014

Common

20,000

20,000

D

Stock Options

$ 10.77

06/18/1993

06/18/2006(4)

Common

22,500

22,500

D

Stock Options

$ 9.25

05/04/2000(5)

05/04/2009

Common

25,800

25,800

D

Stock Options

$ 6.875

02/15/2002(6)

02/15/2010

Common

15,000

15,000

D

Stock Options

$ 10.132

09/27/2003(7)

09/27/2011

Common

17,500

17,500

D

Stock Options

$ 9.8

02/19/2004

02/19/2012

Common

15,000

15,000

D

Stock Options

$ 4.28

02/19/2005(8)

02/19/2013

Common

20,000

20,000

D

Stock Options

$ 15.2

02/15/2007(10)

02/15/2015

Common

10,000

10,000

D

Stock Appreciation Rights

$ 14.39

02/21/2006

A

3,250

02/21/2008(11)

02/21/2014

Common

3,250

$ 0

3,250

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MULLINS SUZANNE 600 CITADEL DRIVE COMMERCE, CA 90040			S.V.P., St. Oper., S&FSC

Signatures

Suzanne Mullins		02/22/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Previously reported options. 1/3 of the options become exercisable on February 17 in each of 2006, 2007, 2008.
(2)	Deferred smart shares held in the Company's Supplemental Deferred Compensation Plan.
(3)	1/3 will become exercisable on 9/16/2005, 1/3 on 9/16/2006 and 1/3 on 9/16/2007
(4)	Previously reported fully vested options. The reported transaction involved only the extension of the term of the options. The options originally were to expire on 06/18/2001 and was extended to 06/18/2006.
(5)	Previouisly reported options. 1/5 of the options became exercisable on May 4 in each of 2000, 2001, 2002, 2003 and 2004.
(6)	Previously reported options. 1/3 became exercisable on 2/15 in each of 2002, 2003, 2004.
(7)	Previously reported options. 1/3 of the options became exercisable on 9/27/03 and 1/3 will become exercisable on 9/27 in each of 2004, 2005.
(8)	Previously reported options. 1/3 of the options become exercisable on 2/19 in each of 2005, 2006, 2007
(9)	Includes 10,076 previously reported vested smart shares, 3,333 restricted smart shares granted 2/05 and 1,400 restricted smart shares granted 2/06
(10)	Previously reported stock options. One-third of the options will become exercisable on February 15 in each of 2007, 2008, and 2009 at an exercise price of $15.20 per share.
(11)	Grant to reporting person under the Company's Long Term Equity Compensation Plan. 1/3 of the Stock Appreciation Rights will become exercisable on February 21 in each of 2008, 2009 and 2010.

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