1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 4) Nathans Famous, Inc. ---------------------------------------------------- (Name of Issuer) Common Stock ---------------------------------------------------- (Title of Class of Securities) 63234710 ---------------------------------------------------- (CUSIP Number) *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 1934 ("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).
2 SCHEDULE 13G - ------------------- ----------------- CUSIP NO. 63234710 PAGE 2 OF 5 PAGES - ------------------- ----------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Jordan American Holdings, Inc. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ------------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 284,942 REPORTING ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER 0 ------------------------------------------ 8 SHARED DISPOSITIVE POWER 284,942 - ------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 284,942 - ------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0% - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IA - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT!
3 - ------------------- ----------------- CUSIP NO. 63234710 PAGE 3 OF 5 PAGES - ------------------- ----------------- ITEM 1(a). NAME OF ISSUER: Nathans Famous, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 1400 Old Country Road Westbury, New York 11590 ITEM 2(a). NAME OF PERSON FILING: Jordan American Holdings, Inc. ("JAHI") ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IN NONE, RESIDENCE: 1875 Ski Time Square Drive, Suite One Steamboat Springs, CO 80487 ITEM 2(c). CITIZENSHIP: Florida ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e). CUSIP NUMBER: 63234710 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: Investment Advisor registered under Section 203 of the Investment Advisor Act of 1940. ITEM 4. OWNERSHIP: (a) Amount Beneficially Owned: JAHI, in its capacity as a registered investment adviser, may be deemed to be the beneficial owner of 284,942 shares of the issuer's common stock held in discretionary accounts for various clients. (b) Percent of Class: 6.0%.
4 - ------------------- ----------------- CUSIP NO. 63234710 PAGE 4 OF 5 PAGES - ------------------- ----------------- (c) For information on voting and dispositive power with respect to the above-listed shares, please see Items 5-8 of the Cover Page. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not Applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Shares as to which this schedule is filed are beneficially owned by various clients of the person filing this schedule. These clients receive dividends and the proceeds from the sale of such shares. No such client is known to have such interest with respect to more than 5% of the class, except as follows: NONE 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
5 - ------------------- ----------------- CUSIP NO. 63234710 PAGE 5 OF 5 PAGES - ------------------- ----------------- 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. /s/ Charles R. Clark - ------------------------------- Name: Charles R. Clark Title: Chief Executive Officer Dated: March 11, 1999