GOLDEN ENTERPRISES INC 4
4 · GOLDEN ENTERPRISES INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
BASHINSKY JOANN F
Director
Transactions
- Sale
Common Stock
2016-09-30$12.00/sh−5,231,128$62,773,536→ 0 total(indirect: By SYB, Inc.) - Sale
Common Stock
2016-09-30$12.00/sh−400,544$4,806,528→ 0 total(indirect: By Foundation) - Sale
Common Stock
2016-09-30$12.00/sh−426,928$5,123,136→ 0 total - Sale
Common Stock
2016-09-30$12.00/sh−8,790$105,480→ 0 total(indirect: See Footnote) - Sale
Common Stock
2016-09-30$12.00/sh−600,279$7,203,348→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]Owned by 401(k) Profit Sharing Plan for the benefit of Joann F. Bashinsky.
- [F2]Mrs. Bashinsky 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. Mrs. Bashinsky disclaims beneficial ownership of such Shares and proceeds therefrom.
- [F3]) Mrs. Bashinsky is a director, officer and Chairman of Bashinsky Foundation, Inc., a qualified Internal Revenue Code Section 501(c)(3) organization. Mrs. Bashinsky disclaims beneficial ownership of such shares owned by Bashinsky Foundation, Inc. and proceeds therefrom