SEC Form 4 · accession 0001144204-16-126071
GOLDEN ENTERPRISES INC · GLDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Wallace Nall Jr.
Director
Period of report
Sep 26, 2016
Accepted (ET)
Sep 29, 2016 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 26, 2016 | G | 96,000 | $0.00 | D | 100,000 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 5,231,128 | I | By SYB, Inc. | |
| Common StockF3 | holding | — | — | — | 600,279 | I | By Testamentary Marital Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Charitable contribution to Internal Revenue Code Section 501(c)(3) entity.
- F2Shares are owned by Nall Development Corporation. Mr. Nall is the President of Nall Development Corporation and on its Board of Directors.
- F3As a Company Director, Mr. Nall serves on the Voting Committee created under the Last Will and Testament/Trusts and SYB, Inc. Common Stock Trust created by Sloan Y. Bashinsky, Sr. (AMr. Bashinsky@). The Voting Committee, presently made up of eight members (seven members of the Issuer=s Board of Directors and one member selected by the Personal Representatives and Trustees of Mr. Bashinsky=s Estate/Trusts), votes the shares of Issuer=s stock owned by the Marital Trust created by the Last Will and Testament of Mr. Bashinsky (ATestamentary Trust@) (600,279 Shares) and the shares owned by SYB, Inc. (5,231,128 Shares). Mr. Nall disclaims beneficial ownership of such Shares. The Voting Committee has previously executed a Schedule 13D on behalf of a Voting Group of the Testamentary Trust and the SYB, Inc. Common Stock Trust.