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: GATOFF ERIC (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-17	2001 Stock Option Plan (Right to Buy)	$17.43	A	60000	Acquired	2012-09-16	Common Stock (60000)	Direct

Footnotes

F1: Options vest 25% on each of the first through fourth anniversaries of the grant date.

F2: Does not include options to purchase 15,000 shares under the 2002 Stock Incentive Plan and options to purchase an additional 25,000 shares under the 2001 Stock Option Plan.