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MAYS J W INC Director's Dealing 2011

Jan 10, 2011

34353_dirs_2011-01-10_ff5a0fbd-d740-47f8-ae94-acdb3d0d86d9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MAYS J W INC (MAYS)
CIK: 0000054187
Period of Report: 2010-11-23

Reporting Person: GOLDMAN JANE H (10% Owner)
Reporting Person: Goldman Allan H. (10% Owner)
Reporting Person: LITTLE LOUISA (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-23 Common Stock S 271200 $10.71 Disposed 0 Indirect
2010-11-23 Common Stock P 271200 $10.71 Acquired 271200 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 182800 Indirect

Footnotes

F1: This price represents the estimated fair market value of the shares of Common Stock of J.W. Mays, Inc. (the "Shares") on November 23, 2010. An independent appraiser has been retained to prepare a valuation of the Shares. If this appraisal results in a different fair market value of the Shares as of November 23, 2010, the price will be adjusted.

F2: These Shares were held by the Estate of Sol Goldman, of which Jane H. Goldman, Allan H. Goldman and Louisa Little are co-executors.

F3: These Shares are held by the Lillian Goldman Marital Trust, of which Jane H. Goldman, Allan H. Goldman and Louisa Little are co-trustees.

F4: These Shares are held by the Estate of Lillian Goldman, of which Jane H. Goldman, Allan H. Goldman, Amy P. Goldman and Diane Goldman Kemper are co-executors.

F5: Each of Jane H. Goldman, Allan H. Goldman and Louisa Little disclaims beneficial ownership of the Shares reported herein, except to the extent of his or her pecuniary interest, if any, therein.