GOLDEN ENTERPRISES INC 4
4 · GOLDEN ENTERPRISES INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
NALL J WALLACE JR
Director
Transactions
- Sale
Common Stock
2016-09-30$12.00/sh−600,279$7,203,348→ 0 total(indirect: By Trust) - Sale
Common Stock
2016-09-30$12.00/sh−100,000$1,200,000→ 0 total(indirect: See Foonote) - Sale
Common Stock
2016-09-30$12.00/sh−5,231,128$62,773,536→ 0 total(indirect: By SYB, Inc.)
Footnotes (2)
- [F1]Shares are owned by Nall Development Corporation. Mr. Nall is the President of Nall Development Corporation and on its Board of Directors.
- [F2]Mr. Nall 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. Nall disclaims beneficial ownership of such Shares and proceeds therefrom