SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Amendment No. 3 Western Sizzlin Corporation ------------------------------------ (Name of Issuer) Common Stock, par value $.01 per share ---------------------------------------- (Title of Class of Securities) 959542101 ----------------------------- (CUSIP Number) Shawn Sedaghat 9701 Wilshire Blvd. #1110, Beverly Hill, CA 90201 (310)205-9038 --------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 16, 2005 ----------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box / /. (Continued on following pages) (Page 1 of 5 Pages) CUSIP NO. 959542101 Page 2 of 5 1 NAME OF REPORTING PERSON Shawn Sedaghat 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) / / (B) / / 3 SEC USE ONLY 4 SOURCE OF FUNDS* PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E): / / 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH 7 SOLE VOTING POWER 1,442,500 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,442,500 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,442,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 12.11% 14 TYPE OF REPORTING PERSON* IN CUSIP NO. 959542101 Page 3 of 5 AMENDMENT NO. 3 TO SCHEDULE 13D This Amendment No. 3, dated May 17, 2005, to Schedule 13D is filed by the Reporting Person and amends Schedule 13D as previously filed by the Reporting Person with the Securities and Exchange Commission on April 4, 2005, as Amended on April 25, 2005 and April 28, 2005 (the "Schedule 13D"), relating to the common stock, $.01 par value (the "Shares") of Western Sizzlin Corporation, a Delaware corporation. Items 3 and 5 of the Schedule 13D are hereby amended and restated as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION As of May 17, 2005, the Reporting Person has invested $1,116,700 in the Shares of the Issuer using his personal funds. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As the holder of sole voting and investment authority over the Shares owned by Reporting Person, Reporting Person may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of the aggregate amount of 1,442,500 Shares representing approximately 12.11% of the outstanding shares (based upon 11,908,571 shares outstanding as of May 16, 2005, as reported on the latest 10-Q of the Issuer ) The Reporting Person effected transaction in the Shares during the past 60 days as set forth below: 03/04/05 Open Market Purchase 184,500.00 $0.7500 03/04/05 Open Market Purchase 20,000.00 $0.7325 03/07/05 Open Market Purchase 5,000.00 $0.7500 03/08/05 Open Market Purchase 5,000.00 $0.7500 03/14/05 Open Market Purchase 15,000.00 $0.7500 03/17/05 Open Market Purchase 2,500.00 $0.7500 03/21/05 Open Market Purchase 5,000.00 $0.7500 03/23/05 Open Market Purchase 475,000.00 $0.7500 03/24/05 Open Market Purchase 5,000.00 $0.7500 04/05/05 Open Market Purchase 2,500.00 $0.7500 04/08/05 Open Market Purchase 18,000.00 $0.7500 04/12/05 Open Market Purchase 2,500.00 $0.7700 04/14/05 Open Market Purchase 24,500.00 $0.8000 04/15/05 Open Market Purchase 22,500.00 $0.8000 04/22/05 Open Market Purchase 20,000.00 $0.8000 04/25/05 Open Market Purchase 412,500.00 $0.8000 CUSIP NO. 959542101 Page 4 of 5 4/26/05 Open Market Purchase 5,000 $0.8000 4/27/05 Open Market Purchase 157,500 $0.8000 5/16/05 Open Market Purchase 3,000 $0.8000 5/17/05 Open Market Purchase 57,500 $0.8000 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Not applicable ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Not applicable CUSIP NO. 959542101 Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. DATED: May 17, 2005 By: /s/ Shawn Sedaghat ------------------------ Shawn Sedaghat