TOWNSEND PATRICIA R 4
4 · GOLDEN ENTERPRISES INC · Filed Aug 10, 2004
Insider Transaction Report
Form 4
TOWNSEND PATRICIA R
Chief Financial Officer
Transactions
- Award
Common Stock Options (Right to Buy)
2001-10-15$3.81/sh+20,000$76,200→ 20,000 totalExercise: $3.81Exp: 2011-10-15→ Common Stock (20,000 underlying) - Other
Common Stock
2004-08-06+62,275→ 938,695 total(indirect: Shared Voting Rights)
Footnotes (3)
- [F1]Shares owned by Golden Enterprises, Inc. and Subsidiary's Employee Stock Ownership Plan. Ms. Townsend serves on the Plan Administrative Committee with two other individuals. The vote of two members in favor of any proposed action is required. Consequently, Ms. Townsend shares in the voting of the Golden Enterprises stock owned by the Plan. In addition, as an employee of Golden Enterprises, Ms. Townsend participates in the Plan and 682 shares of Golden Enterprises stock have vested to her account. Ms. Townsend disclaims any beneficial ownership in the remaining shares held by the Plan.
- [F2]Options granted under the Golden Enterprises, Inc. 1996 Long Term Incentive Plan.
- [F3]All options were and are exercisable on and after October 15, 2001.