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SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
NATHAN'S FAMOUS, INC.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
6323471000
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(CUSIP Number)
Saul Kaszovitz, Esq.
Feder, Kaszovitz, Isaacson, Weber, Skala & Bass LLP
750 Lexington Avenue
23rd Floor
New York, New York 10022
(212) 888-8200
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(Name, Address and Telephone Number of Person
Authorized to Receive Notice and Communications)
December 29, 2000
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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 which is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), (f) or (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)
*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.
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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).
SCHEDULE 13D
CUSIP No. 632347100
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DS Equity Partners, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ]
3 SEC USE ONLY:
4 SOURCE OF FUNDS: Not Applicable
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0 shares
8 SHARED VOTING POWER
0 shares
9 SOLE DISPOSITIVE POWER
0 shares
10 SHARED DISPOSITIVE POWER
0 shares
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 shares
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
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0%
14 TYPE OF REPORTING PERSON*:
OO (Limited Liability Company)
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1: Security and Issuer.
The securities to which this Amendment No. 1 to Schedule 13D relates
are the shares of Common Stock, par value $.01 per share (the "Shares") of
Nathan's Famous, Inc., a corporation organized under the laws of the State of
Delaware (the "Company"). The address of the Company's principal executive
office is 1400 Old Country Road, Westbury, NY 11590.
Item 2: Identity and Background
The information in Item 2 has not changed.
Item 3: Source or Amount of Funds or Other Consideration.
No longer applicable (as explained in Item 4, below).
Item 4: Purpose of the Transaction.
The information previously reported in this Item 4 is hereby amended by
adding the following after the existing information:
On December 29, 2000, DS distributed its assets to its members, such
assets consisting primarily of all of the shares of the Company's
common stock then owned by DS. None of the individual members of DS (to
the knowledge of DS) beneficially own in excess of (5%) percent of the
Company's outstanding securities after such distribution, and none of
the members of DS (to the knowledge of DS) have entered into any
contracts, arrangements, understandings or relationships with the other
members of DS with respect to the securities of the Company that would
classify them as beneficially owning, in the aggregate, in excess of
five (5%) percent of the Company's outstanding securities after such
distribution.
Item 5: Interest in Securities of the Issuer.
As of the date hereof, DS beneficially owns zero (0) shares of
the Company's common stock, as explained in Item 4, above.
Item 6: Contracts, Arrangements, Understandings or Relationship with Respect to
Securities of the Issuer.
Not applicable.
Item 7: Exhibits
None.
Signature.
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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.
January 2, 2001
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Date
DS Equity Partners, LLC
By: /s/ Seth Fortgang
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Seth Fortgang, Managing Member
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
