NATHANS FAMOUS, INC. — Director's Dealing 2012

Feb 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2012-02-22

Reporting Person: EIDE ROBERT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-22	Common Stock	M	10000	$17.43	Acquired	10053	Direct
2012-02-22	Common Stock	F	8228	$21.185	Disposed	1825	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-22	Director Stock Option (Right to Buy)	$17.43	M	10000	Disposed	2012-09-16	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	75000	Indirect

Footnotes

F1: Shares acquired pursuant to the Issuer's 2001 Stock Incentive Plan.

F2: These shares are held indirectly as trustee for the Howard Lorber Irrevocable Trust.

F3: Options acquired pursuant to the Issuer's 2001 Stock Incentive Plan.

F4: Such options were part of a grant of 10,000 options on 9/17/2007 which began vesting on 9/17/2008.