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 *
GLOBUS KENNETH H
  2. Issuer Name and Ticker or Trading Symbol
UNITED GUARDIAN INC [UG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050
3. Date of Earliest Transaction (Month/Day/Year)
11/27/2009
(Street)

HAUPPAUGE, NY 11788
4. If Amendment, Date Original Filed(Month/Day/Year)
12/03/2009
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 11/27/2009   S   100 D $ 10.51 922,193 D  
Common Stock 11/30/2009   S   500 D $ 10.4 921,693 D  
Common Stock 11/30/2009   S   360 D $ 10.55 921,333 D  
Common Stock 11/30/2009   S   2,040 D $ 10.44 919,293 D  
Common Stock 12/01/2009   J(1)   77,000 D $ 0 0 I As Trustee for Lisa Goldberg
Common Stock 12/01/2009   J(1)   35,500 D $ 0 0 I As Trustee for Ilana Brongiel
Common Stock               760,000 I As co-Trustee under the Alfred Globus Testamentary Trust
Common Stock               72,000 I By wife
Common Stock               77,000 I As Trustee for Julie Globus
Common Stock               77,000 I As Trustee for Lisa Globus

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 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
GLOBUS KENNETH H
C/O UNITED-GUARDIAN, INC.
230 MARCUS BLVD., P.O. BOX 18050
HAUPPAUGE, NY 11788
  X   X   President  

Signatures

 Kenneth H. Globus   12/04/2009
**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) Transfer of assets out of trust to beneficiary
 
Remarks:
THE PREVIOUS FORM 4/A FILED ON DECEMBER 3, 2009 IS BEING
AMENDED TO ADD 760,000 SHARES OF UNITED-GUARDIAN COMMON
STOCK THAT IS BENEFICIALLY OWNED (INDIRECTLY) BY KEN GLOBUS
AS A RESULT OF HIS POSITION AS CO-TRUSTEE UNDER THE
ALFRED GLOBUS TESTAMENTARY TRUST.  THIS INFORMATION
WAS INADVERTENTLY OMITTED FROM THAT PREVIOUS FORM 4/A.

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