4 1 pascoeg.htm

FORM 4

_X__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(f) of the Investment Company Act of 1940

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(Print or Type Responses)
  1. Name and Address of Reporting Person*

Pascoe Edward R.

2.Issuer Name and Ticker or Trading Symbol

Golden Enterprises, Inc. GLDC

6. Relationship of Reporting Person(s) to Issuer

(check all applicable).

X Director 10% owner

Officer(give Other(specify

title below) below)

(Last) (First) (Middle)

119 Euclid Avenue

3.I.R.S. Identification

Number of Reporting Person,

if any entity

(Voluntary)

###-##-####

4.Statement for

Month/Year

01/2003

(Street)

Birmingham, AL 35213

5.If Amendment

Date of Original

(Month/Year)

7.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

(Month/

Day/

Year)

3.Transaction

Code

(Instr. 8)

4.Security Acquired (A)

or Disposed of (D)

(Instr. 3, 4, & 5)

5.Amount of

Securities

Beneficially

Owned at

End of Month

(Instr. 3 & 4)

6.Owner-ship

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

      

2,600

D

$2.7319

122,400

D

  
                   
                   
                   
                   
                   

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

*If the form is filed by more than one reporting person, see Instruction 4(b)(v).

TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1.Title of Derative Security

(Instr.3)

2.Conver-sion or

Exercise

Price of

Deri-vative

Security

3.Trans-action

Date

(Month/

Day/

Year)

4.Trans-

action

Code

(Instr. 8)

5.Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr.3,4,&5)

6.Date Exercisable and Expiration Date

(Month/Day/Year)

7.Title and Amount of

Underlying Securities

(Instr. 3 & 4)

8.Price

of

Deriv-ative

Secur-

ity

(Instr. 5)

9.Number

of

Deriv-

ative

Secur-

ities

Benef-

icially

Owned

at End

of

Month

(Instr.4)

10.Owner-

ship

Form of

Deriv-

ative

Security:

Direct

(D) or

Indirect

(I)

(Instr.4)

11.Nature of

Indirect

Beneficial

Ownership

(Instr.4)

Code

V

(A)

(D)

Date

Exer-cisable

Expira-

tion

Date

Title

Amount or

Number of Shares
                             
                             
                             
                             
                             
                             
                             
                             
                             

Explanation of Responses:

/s/Edward R. Pascoe

  

January 28,2003

**Signature of Reporting Person

  

Date

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this form, one of which must be manually signed. If space is insufficient,

See Instruction 6 procedure.

Potential persons who are to respond to the collection of information contained in this form are not

required to respond unless the form displays a currently valid OMB Number.