GOLDEN ENTERPRISES INC 4
4 · GOLDEN ENTERPRISES INC · Filed Sep 29, 2016
Insider Transaction Report
Form 4
NALL J WALLACE JR
Director
Transactions
- Gift
Common Stock
2016-09-26−96,000→ 100,000 total(indirect: See Footnote)
Holdings
- 5,231,128(indirect: By SYB, Inc.)
Common Stock
- 600,279(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Charitable contribution to Internal Revenue Code Section 501(c)(3) entity.
- [F2]Shares are owned by Nall Development Corporation. Mr. Nall is the President of Nall Development Corporation and on its Board of Directors.
- [F3]As 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.