Sec Form 4 Filing - MCKLEROY JOHN P JR @ GOLDEN ENTERPRISES INC - 2016-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MCKLEROY JOHN P JR
2. Issuer Name and Ticker or Trading Symbol
GOLDEN ENTERPRISES INC [ GLDC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2117 SECOND AVE N
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2016
(Street)
BIRMINGHAM, AL35203
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/30/2016 09/30/2016 S 6,510 D $ 12 0 D
Common Stock 09/30/2016 09/30/2016 S 33,410 D $ 12 0 I See Footnote ( 1 )
Common Stock ( 2 ) 09/30/2016 09/30/2016 S 5,231,128 ( 2 ) D $ 12 0 I By SYB, Inc. ( 2 )
Common Stock ( 2 ) 09/30/2016 09/30/2016 S 600,279 ( 2 ) D $ 12 0 I By Testamentary Marital Trust (2
Common Stock ( 3 ) 09/30/2016 09/30/2016 S 400,544 ( 3 ) D $ 12 0 I By Bashinsky Foundation, Inc. ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCKLEROY JOHN P JR
2117 SECOND AVE N
BIRMINGHAM, AL35203
X
Signatures
/s/ John P. McKleroy, Jr 09/30/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Owned by Individual Retirement Account and 401(k) Profit Sharing Plan.
( 2 )Mr. McKleroy 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. McKleroy disclaims beneficial ownership of such Shares and proceeds therefrom.
( 3 )Mr. McKleroy is a director and officer of Bashinsky Foundation, Inc., a qualified Internal Revenue Code Section 501(c)(3) organization. Mr. McKleroy disclaims beneficial ownership of such shares owned by Bashinsky Foundation, Inc. and proceeds therefrom.

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