SEC Form 4 · accession 0001144204-16-126876
GOLDEN ENTERPRISES INC · GLDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P McKleroy Jr.
Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 7:29 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 Stock | Sep 30, 2016 | S | 6,510 | $12.00 | D | 0 | D | |
| Common StockF1 | Sep 30, 2016 | S | 33,410 | $12.00 | D | 0 | I | See Footnote |
| Common StockF2 | Sep 30, 2016 | S | 5,231,128 | $12.00 | D | 0 | I | By SYB, Inc. |
| Common StockF2 | Sep 30, 2016 | S | 600,279 | $12.00 | D | 0 | I | By Testamentary Marital Trust (2 |
| Common StockF3 | Sep 30, 2016 | S | 400,544 | $12.00 | D | 0 | I | By Bashinsky Foundation, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Owned by Individual Retirement Account and 401(k) Profit Sharing Plan.
- F2Mr. McKleroy serves on the Voting Committee created under the Will of and the SYB, Inc. Common Stock Trust created by Sloan Y. Bashinsky, Sr. (AMr. Bashinsky@). The Voting Committee voted the shares of Issuer=s stock owned by the Marital Trust created by the Will of Mr. Bashinsky and the shares owned by SYB, Inc. As part of a merger of Golden Enterprises, Inc. with an unrelated entity, SYB, Inc. and the Marital Trust have sold all Shares of Common Stock of the Issuer and the Voting Committee ceased to exist. Mr. McKleroy disclaims beneficial ownership of such Shares and proceeds therefrom.
- F3Mr. McKleroy is a director and officer of Bashinsky Foundation, Inc., a qualified Internal Revenue Code Section 501(c)(3) organization. Mr. McKleroy disclaims beneficial ownership of such shares owned by Bashinsky Foundation, Inc. and proceeds therefrom.