NATHANS FAMOUS, INC. — Director's Dealing 2007

Sep 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2007-09-17

Reporting Person: Raich Charles (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-17	2001 Stock Option Plan (Option to Buy)	$17.43	A	10000	Acquired	2012-09-16	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5510	Indirect

Footnotes

F1: Options vest 33.33% on each of the first through third anniversaries of the grant date.

F2: Does not include options to purchase 15,000 shares under the 2002 Stock Incentive Plan.