Edgar Filing: WESTERN SIZZLIN CORP

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

SEDAGHAT SHAWN

2. Issuer Name and Ticker or Trading Symbol
WESTERN SIZZLIN CORP [WSZZ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

9701 WILSHIRE BOULEVARD, SUITE 1110

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2006

(Street)

BEVERLY HILLS, CA 90201

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	11/20/2006		P		84,960	A	$ 7	245,881	I	See Note. ⁽¹⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Rights ⁽²⁾

⁽³⁾

11/20/2006

169,920

11/07/2006

12/08/2006

Common Stock

84,960

$ 0

See Note. ⁽¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SEDAGHAT SHAWN 9701 WILSHIRE BOULEVARD SUITE 1110 BEVERLY HILLS, CA 90201		X

Signatures

/s/ Shawn Sedaghat		11/22/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents shares purchased by Dash Acquisitions LLC, an investment advisory firm, on behalf of its clients. All shares are owned directly by Dash Acquisitions LLC and indirectly by the Reporting Person. Jonathan Dash is the sole member and managing partner of Dash Acquisitions LLC and the brother-in-law of the Reporting Person and disclaims any beneficiary interest except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that Mr. Dash is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(2)	On November 20, 2006, the Issuer made a pro-rata distribution of rights (the "Rights") to the shareholders of record on November 13, 2006.
(3)	The exercise price of the Rights is $7.00. Every two Rights entitle the shareholder to purchase one share.

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