Filing Details
- Accession Number:
- 0001144204-16-126865
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-10-04 19:14:10
- Reporting Period:
- 2016-09-30
- Filing Date:
- 2016-10-04
- Accepted Time:
- 2016-10-04 19:14:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 42228 | Golden Enterprises Inc | GLDC | Miscellaneous Food Preparations & Kindred Products (2090) | 630250005 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1259858 | David Jones | One Golden Flake Drive Birmingham AL 35205 | Executive Vice President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2016-09-30 | 2,189 | $12.00 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-09-30 | 2,189 | $12.00 | 0 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Disposition | 2016-09-30 | 5,231,128 | $12.00 | 0 | No | 4 | S | Indirect | By SYB, Inc. |
| Common Stock | Disposition | 2016-09-30 | 600,279 | $12.00 | 0 | No | 4 | S | Indirect | By Testamentary Marital Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | S | Indirect | By SYB, Inc. |
| No | 4 | S | Indirect | By Testamentary Marital Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2016-09-30 | 35,000 | $12.00 | 35,000 | $3.84 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-04-23 | 2016-04-09 | No | 4 | S | Direct |
Footnotes
- Owned by 401(k) Plan account for the benefit of David A. Jones.
- Mr. Jones 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. Jones disclaims beneficial ownership of such Shares and proceeds therefrom.
- Issuer is merging with an unrelated third party and upon merger stock options will be cancelled, whether or not vested, and the option holder will be paid an amount equal to $12.00 minus the per share exercise price multiplied by the number of stock options.
- The stock options vested in two unequal installments beginning on 4/23/2016.
Billionaire Hedge Funds
