SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 6)1
NATHAN'S FAMOUS, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
632347100
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(CUSIP Number)
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
505 Park Avenue
New York, New York 10022
(212) 753-7200
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
N/A
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box |_|.
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 6 Pages)
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1 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 disclosures provided in a prior cover page.
The information required on 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 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).
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CUSIP No. 632347100 13D Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
STEEL PARTNERS II, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 981,837**
OWNED BY
EACH
REPORTING
PERSON WITH -----------------------------------------------------------------
8 SHARED VOTING POWER
-0-
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9 SOLE DISPOSITIVE POWER
981,837**
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
981,837**
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.9%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
** Includes 41,437 Shares of Common Stock issuable upon exercise of warrants.
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CUSIP No. 632347100 13D Page 3 of 6 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
WARREN LICHTENSTEIN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 981,837**
OWNED BY
EACH
REPORTING
PERSON WITH -----------------------------------------------------------------
8 SHARED VOTING POWER
-0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
981,837**
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
981,837**
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.9%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
** Includes 41,437 Shares of Common Stock issuable upon exercise of warrants.
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CUSIP No. 632347100 13D Page 4 of 6 Pages
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The following constitutes Amendment No. 6 ("Amendment No. 6") to the
Schedule 13D filed by the undersigned. This Amendment No. 6 amends the Schedule
13D as specifically set forth to report the ownership of certain convertible
securities which are presently exercisable and have not been previously reported
in the Schedule 13D.
Item 3 is hereby amended to read as follows:
Item 3. Source and Amount of Funds or Other Consideration.
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(a) The aggregate purchase price of the 940,400 Shares of
Common Stock owned by Steel Partners II is $3,149,467. The Shares of Common
Stock owned by Steel Partners II were acquired with partnership funds.
(b) Steel Partners II holds warrants (the "Warrants") to
acquire 41,437 Shares at an exercise price of $6.00 per Share, all of which are
currently exercisable. The Warrants were received in exchange for shares of
common stock of Miami Subs Corporation pursuant to a merger between Miami Subs
Corporation and Miami Acquisition Corporation, a subsidiary of the Issuer,
effective as of September 30, 1999. The aggregate purchase price of the Warrants
is $21,347.
The second paragraph of Item 5(a) is hereby amended to read as follows:
As of the close of business on January 16, 2001, Steel
Partners II beneficially owned 981,837 Shares of Common Stock constituting
approximately 13.9% of the Shares outstanding. Included therein is 41,437 Shares
of Common Stock issuable upon the exercise of the Warrants. Mr. Lichtenstein
beneficially owned 981,837 Shares, representing approximately 13.9% of the
Shares outstanding. Mr. Lichtenstein has sole voting and dispositive power with
respect to the 981,837 Shares owned by Steel Partners II by virtue of his
authority to vote and dispose of such Shares. All of such Shares (other than the
Shares issuable upon exercise of the Warrants) were acquired in open-market
transactions.
Item 5(c) is hereby amended to add the following:
(c) Steel Partners II engaged in the following transactions
since the filing of Amendment No. 5 to the Schedule 13D:
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CUSIP No. 632347100 13D Page 5 of 6 Pages
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Shares of Common
Date of Purchase Stock Purchased Price Per Share($)
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12/13/00 49,000 3.06450
12/14/00 4,000 3.13330
12/15/00 1,900 3.27030
12/18/00 11,900 3.21730
12/19/00 2,400 3.29520
12/20/00 11,000 3.10820
12/26/00 3,900 3.05920
12/27/00 1,200 3.41500
12/28/00 14,300 3.51120
12/29/00 1,200 3.52960
1/03/01 5,000 3.16500
1/09/01 2,700 3.41500
1/11/01 10,000 3.49940
1/12/01 600 3.47750
1/16/01 3,100 3.54000
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CUSIP No. 632347100 13D Page 6 of 6 Pages
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SIGNATURES
After reasonable inquiry and to the best of his knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: January 16, 2001 STEEL PARTNERS II, L.P.
By: Steel Partners, L.L.C.
General Partner
By: /s/ Warren G. Lichtenstein
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Warren G. Lichtenstein
Chief Executive Officer
/s/ Warren G. Lichtenstein
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WARREN G. LICHTENSTEIN