NATHANS FAMOUS, INC. — Director's Dealing 2011

Jun 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2011-06-06

Reporting Person: Watts Randy (VP - Franchise Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-06	2010 Stock Incentive Plan (Right to Buy)	$17.75	A	5000	Acquired	2016-06-05	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1600	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
2002 Stock Incentive Plan (Right to Buy)	$		Common Stock (17500)	17500	Direct

Footnotes

F1: Options vest in four equal annual installments beginning on June 6, 2012.

F2: Options have various exercise prices and become exercisable and expire on various dates.