0001144204-16-126871.txt : 20161004 0001144204-16-126871.hdr.sgml : 20161004 20161004192216 ACCESSION NUMBER: 0001144204-16-126871 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161004 DATE AS OF CHANGE: 20161004 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN ENTERPRISES INC CENTRAL INDEX KEY: 0000042228 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS [2090] IRS NUMBER: 630250005 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: ONE GOLDEN FLAKE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35205 BUSINESS PHONE: 205 323 6161 MAIL ADDRESS: STREET 1: ONE GOLDEN FLAKE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35205 FORMER COMPANY: FORMER CONFORMED NAME: GOLDEN FLAKE INC DATE OF NAME CHANGE: 19761019 FORMER COMPANY: FORMER CONFORMED NAME: MAGIC CITY FOOD PRODUCTS INC DATE OF NAME CHANGE: 19700805 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TOWNSEND PATRICIA R CENTRAL INDEX KEY: 0001282473 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-04339 FILM NUMBER: 161920873 4 1 v450007_4.xml FORM 4 X0306 4 2016-09-30 0 0000042228 GOLDEN ENTERPRISES INC GLDC 0001282473 TOWNSEND PATRICIA R ONE GOLDEN FLAKE DRIVE BIRMINGHAM AL 35205 0 1 0 0 Chief Financial Officer Common Stock 2016-09-30 2016-09-30 4 S 0 887 12.00 D 0 I See Footnote Common Stock 2016-09-30 2016-09-30 4 S 0 5231128 12.00 D 0 I By SYB, Inc. Common Stock 2016-09-30 2016-09-30 4 S 0 600279 12.00 D 0 I By Testamentary Marital Trust Stock Option 3.84 2016-09-30 2016-09-30 4 S 0 35000 12.00 D 2016-04-23 2016-04-09 Common Stock 35000 0 D Owned by 401(k) Plan account for the benefit of Patricia R. Townsend. Ms. Townsend 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. Ms. Townsend 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. /s/ Patty R. Townsend 2016-09-30