FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Check here if no longer
subject to Section 16.
Form 4 or Form 5 obligations
may continue. See Instr. 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities and
Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940.
1. Name and address:
KATZ STEWART
(Last) (First) (Middle)
43 DIANA TRAIL
(Street)
ROSLYN NY 11576
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol: Noodle Kidoodle, Inc., NKID
3. IRS or Soc. Sec. Number of Reporting Person (Voluntary): ###-##-####
4. Statement for Month/Year: DECEMBER, 1997
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
X Director 10% Owner
X Officer Other (specify below)
(give title
below)
CHIEF OPERATING OFFICER/DIRECTOR
<TABLE>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security action action or Disposed of (D) Securities Form: Indirect
(Instr.3) Date Code (Instr. 3,4 and 5) Beneficially Direct (D) Beneficial
(Instr.8) Owned at End Indirect (I) Ownership
(Month/ (A)or of Month (Instr. 4) (Instr.4)
Day/ Code V Amount (D) Price (Instr.3 and 4)
Year)
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 12/1/97 P V 25,000 A 3.125 256,607 D
</TABLE>
<TABLE>
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date 7. Title and 8.Price 9.Number 10.Owner- 11.Na-
Derivative sion or action action of Exer- Amount of of of ship ture
Security Exercise Date Code Deriva- cisable Underlying Deriv- Deriva- Form of In-
(Instr.3) Price of (Instr.8) tive and Securities ative tive of De- direct
Deriv- (Month/ Secur- Expir- (Instr. 3 Secur- Securi- rivative Bene-
Security Year) ities ation and 4) ity ities Secu- ficial
Acquired Date (Instr. Bene- rity: Owner-
(A) or (Month/ 5) ficially Direct ship
Disposed Day/ Owned at (D) or (Instr.
of (D) Year) End of Indi- 4)
(Instr.3, Month rect (I)
4, 5) Date Expir Amount (Instr.4) (Instr.4)
Exer ation or Num-
cis Date ber of
Code V (A) (D) able Title Shares
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Common
Stock Option 3.50 7/8/97 T V 60,000 (1) (2) Stock 60,000 60,000 D
</TABLE>
Explanation of Responses:
(1) Exercisable dates: July 8, 1998 15,000
July 8, 1999 15,000
July 8, 2000 15,000
July 8, 2001 15,000
(2) Expiration date: July 8, 2002
/s/Stewart Katz 12/22/97
Signature of Reporting Person Date