Schedule 13G Amendment No. 1

OMB APPROVAL

OMB Number:

   3235-0145

Expires:

   February 28, 2006

Estimated average burden

hours per response . . . . . . . . . . . . . . . . . 11

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(AMENDMENT NO. 1)

 

 

 

Nathan’s Famous, Inc.


(Name of Issuer)

 

Common Stock


(Title of Class of Securities)

 

 

632347100


                                (CUSIP Number)                                

 

December 31, 2005


(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

x Rule 13d-1(c)

 

¨ Rule 13d-1(d)

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1034 (“Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 632347100

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            Estate of Bert W. Wasserman

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            U.S.A

   

Number of

Shares

Beneficially by

Owned by

Each

Reporting

Person

With:

 

  5.    Sole Voting Power

 

                0


  6.    Shared Voting Power

 

                0


  7.    Sole Dispositive Power

 

                0


  8.    Shared Dispositive Power

 

                0

  9.  

Aggregate Amount of Beneficially Owned by Each Reporting Person

 

            0

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            0.00%

   
12.  

Type of Reporting Person (See Instructions)

 

            OO

   


Item 1.

 

(a)

   Name of Issuer          
         Nathan’s Famous, Inc.          
   

(b)

   Address of Issuer’s Principal Executive Officers          
        

1400 Old Country Road

Westbury, New York 11590

         

Item 2.

 

(a)

   Name of Person Filing          
         Estate of Bert W. Wasserman          
   

(b)

   Address of Principal Business Office or, if non, Residence          
        

35 Claridge Circle

Manhasset, New York 11030

         
   

(c)

   Citizenship          
         U.S.A.          
   

(d)

   Title of Class of Securities          
         Common Stock          
   

(e)

   CUSIP Number          
         632347100          

Item 3.

  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a :     
    (a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 780).
    (b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C,. 80a-8).
    (e)    ¨    An investment adviser in accordance with §240.13d(b)(1)(ii)(E);
    (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(F);
    (h)    ¨    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12U.S.C. 1813);
    (i)    ¨    A church plan that is excluded from the definition of an investement company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)    ¨    Group, in accordance with §240.13d-1(b)(1)(ii)(j).


Item 4.

   Ownership          
     Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.          
     (a)   

Amount beneficially owned:

 

0.

         
     (b)   

Percent of class:

 

0.00%.

         
     (c)    Number of shares as to which the person has:          
          (i)   

Sole power to vote or to direct the vote:

 

0.

         
          (ii)   

Shared power to vote or to direct the vote:

 

0.

         
          (iii)   

Sole power to dispose or to direct the disposition of:

 

0.

         
          (iv)   

Shared power to dispose or to direct the disposition of:

 

0.

         
     Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Item 5.

   Ownership of Five Percent or Less of a Class     
     If this statement is being filed to report the fact that the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  x     
     In 2005, the reporting person transferred all the shares it then owned in the issuer to Sandra K. Wasserman, the wife of the decedent.     

Item 6.

   Ownership of More than Five Percent on Behalf of Another Person.          
     Not Applicable.          

Item 7.

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
     Not Applicable.

Item 8.

   Identification and Classification of Members of the Group          
     Not Applicable.          

Item 9.

   Notice of Dissolution of Group          
     Not Applicable.          

Item 10.

   Certification          
     By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.          


SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

February 15, 2006


Date
ESTATE OF BERT W. WASSERMAN

/s/    Sandra K. Wasserman


Signature

Sandra K. Wasserman, Sole Executrix


Name/Title