-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LsWaZZSvBrl77rCpU4ZHQk1nk2PJd0vrWfoTxulgpZBBx1JF+0wmpvP+YiNAgvcK
 q57weP2MCK1BRINHKIBHrA==

<SEC-DOCUMENT>0001181431-09-021305.txt : 20090428
<SEC-HEADER>0001181431-09-021305.hdr.sgml : 20090428
<ACCEPTANCE-DATETIME>20090428145630
ACCESSION NUMBER:		0001181431-09-021305
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090409
FILED AS OF DATE:		20090428
DATE AS OF CHANGE:		20090428

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			McClelland Scott
		CENTRAL INDEX KEY:			0001303089

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30066
		FILM NUMBER:		09775329

	MAIL ADDRESS:	
		STREET 1:		130 SAWDUST ROAD
		CITY:			THE WOODLANDS,
		STATE:			TX
		ZIP:			77380

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SANDERS MORRIS HARRIS GROUP INC
		CENTRAL INDEX KEY:			0001071341
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				760583569
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 TRAVIS
		STREET 2:		SUITE 5800
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		7139934610

	MAIL ADDRESS:	
		STREET 1:		600 TRAVIS
		STREET 2:		SUITE 5800
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PINNACLE GLOBAL GROUP INC
		DATE OF NAME CHANGE:	19980930
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd240779.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-04-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001071341</issuerCik>
        <issuerName>SANDERS MORRIS HARRIS GROUP INC</issuerName>
        <issuerTradingSymbol>SMHG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001303089</rptOwnerCik>
            <rptOwnerName>McClelland Scott</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>600 TRAVIS, SUITE 3100</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77002</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-04-09</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2009-04-09</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.8954</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>20758</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Restricted stock award that vests 50% at the end of year one, 75% at the end of year two, and 100% at the end of year three.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>John T. Unger attorney in fact for Scott B McClelland</signatureName>
        <signatureDate>2009-04-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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