NATHANS FAMOUS, INC. — Director's Dealing 2018

Jan 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2018-01-10

Reporting Person: GENSON BRIAN S (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-10	2010 Stock Incentive Plan (Right to Buy)	$35.576	D	15149	Disposed	2019-08-05	Common Stock (15149)	Direct
2018-01-10	2010 Stock Incentive Plan (Right to Buy)	$33.438	A	16117	Acquired	2019-08-05	Common Stock (16117)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17614	Direct

Footnotes

F1: In connection with the recent special cash dividend of the Issuer, the Issuer's Compensation Committee approved the exchange of options to purchase 15,149 shares at an exercise price of $35.576 for options to purchase 16,117 shares at an exercise price of $33.438. Pursuant to Article IV(e) of the Issuer's 2010 Stock Incentive Plan, the Compensation Committee has the authority to make appropriate provisions upon the Issuer's declaration of a special cash dividend. The original options vested 25% each on the first through fourth anniversaries of August 6, 2014, the grant date, and the new options will have the same vesting terms and expiration date as the original grant.