NATHANS FAMOUS, INC. — Director's Dealing 2014

Nov 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2014-11-01

Reporting Person: LORBER HOWARD M (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-01	Common Stock	F	4122	—	Disposed	927478	Direct
2014-11-01	Common Stock	J	10000	—	Disposed	917478	Direct
2014-11-01	Common Stock	J	10000	—	Acquired	10000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	75000	Indirect

Footnotes

F1: Transaction represents the withholding of shares, at the value of $71.88 per share, to satisfy tax withholding obligation following the vesting of 10,000 shares of restricted stock on November 1, 2014.

F2: Represents a contribution of shares from Mr. Lorber to Lorber Gamma LP (the "Lorber LP"). Mr. Lorber serves as the President of the Lorber LP's general partner and as such has voting and dispositive power with respect to such shares.

F3: Represents shares owned by the Lorber LP. Mr. Lorber serves as the President of the Lorber LP's general partner and as such has voting and dispositive power with respect to such shares.

F4: Represents shares owned by Lorber Alpha II LP (the "Lorber II LP"). Mr. Lorber serves as the President of the Lorber II LP's general partner and as such has voting and dispositive power with respect to such shares. The Lorber II LP acquired these shares via a contribution from the Howard M. Lorber Irrevocable Trust on November 1, 2014.