NATHANS FAMOUS, INC. — Director's Dealing 2004

Nov 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2004-11-12

Reporting Person: EIDE ROBERT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-16	Common Stock	M	3000	$4.50	Acquired	3053	Direct
2004-11-16	Common Stock	M	5500	$3.96	Acquired	8553	Direct
2004-11-16	Common Stock	S	8500	$6.70	Disposed	53	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-16	Director Stock Option Plan	$4.50	M	3000	Disposed	2005-05-31	Common Stock (3000)	Direct
2004-11-16	2001 Stock Option Plan	$3.96	M	5500	Disposed	2012-06-16	Common Stock (5500)	Direct

Footnotes

F1: Does not include an additional 10,000 options under the 2001 Employee Stock Option Plan.