X0303 4 2009-11-25 0 0000101295 UNITED GUARDIAN INC UG 0000943504 GLOBUS KENNETH H C/O UNITED-GUARDIAN, INC. 230 MARCUS BLVD., P.O. BOX 18050 HAUPPAUGE NY 11788 1 1 1 0 President Common Stock 2009-11-20 4 S 0 2500 10.9 D 2025293 I Various - see footnote 2 Common Stock 2009-11-23 4 S 0 1900 10.75 D 2023393 I Various - see footnote 3 Common Stock 2009-11-23 4 S 0 600 10.68 D 2022793 I Various - see footnote 4 Common Stock 2009-11-23 4 S 0 1000 10.65 D 923293 D Common Stock 2009-11-23 4 S 0 500 10.6 D 922793 D Common Stock 2009-11-24 4 S 0 500 10.61 D 922293 D Sale by wife Indirect beneficial ownership consists of the following: 760,000 shares as co-trustee under the Alfred Globus Testamentary Trust 74,500 shares by wife 77,000 shares as Trustee for Julie Globus 77,000 shares as Trustee for Lisa Globus 77,000 shares as Trustee for Lisa Goldberg 35,500 shares as Trustee for Ilana Goldberg Indirect beneficial ownership consists of the following: 760,000 shares as co-trustee under the Alfred Globus Testamentary Trust 72,600 shares by wife 77,000 shares as Trustee for Julie Globus 77,000 shares as Trustee for Lisa Globus 77,000 shares as Trustee for Lisa Goldberg 35,500 shares as Trustee for Ilana Goldberg Indirect beneficial ownership consists of the following: 760,000 shares as co-trustee under the Alfred Globus Testamentary Trust 72,000 shares by wife 77,000 shares as Trustee for Julie Globus 77,000 shares as Trustee for Lisa Globus 77,000 shares as Trustee for Lisa Goldberg 35,500 shares as Trustee for Ilana Goldberg Kenneth H. Globus 2009-11-25