SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GLODT MARITA ODEA

(Last)

(First)

(Middle)

THE NEIMAN MARCUS GROUP, INC.

1618 MAIN STREET

(Street)

DALLAS

75201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NEIMAN MARCUS GROUP INC [ NMGA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Human Resources

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, Class A	01/05/2004	01/05/2004	M		800	A	$24.8125	5,823	D
Common Stock, Class A	01/05/2004	01/05/2004	M		600	A	$23.125	6,423	D
Common Stock, Class A	01/05/2004	01/05/2004	M		3,800	A	$23.1875	10,223	D
Common Stock, Class A	01/05/2004	01/05/2004	M		7,200	A	$35.625	17,423	D
Common Stock, Class A	01/05/2004	01/05/2004	M		1,500	A	$24.5	18,923	D
Common Stock, Class A	01/05/2004	01/05/2004	S		200	D	$52.34	18,723	D
Common Stock, Class A	01/05/2004	01/05/2004	S		13,700	D	$52.25	5,023	D
Common Stock, Class A (PARS)								3,750	D
Common Stock, Class A (PRS)								3,175	D
Common Stock, Class A (Restricted)								4,048	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option⁽¹⁾	$24.8125	01/05/2004	01/05/2004	M			800	09/17/1999	09/17/2008	Class A Common Stock	800	$24.8125	44,800	D
Employee Stock Option⁽¹⁾	$23.125	01/05/2004	01/05/2004	M			600	10/06/2000	10/06/2009	Class A Common Stock	600	$23.125	44,200	D
Employee Stock Option⁽¹⁾	$23.1875	01/05/2004	01/05/2004	M			3,800	11/03/2000	11/03/2009	Class A Common Stock	3,800	$23.1875	40,400	D
Employee Stock Option⁽¹⁾	$35.625	01/05/2004	01/05/2004	M			7,200	09/22/2001	09/22/2010	Class A Common Stock	7,200	$35.625	33,200	D
Employee Stock Option⁽¹⁾	$24.5	01/05/2004	01/05/2004	M			1,500	09/21/2002	09/21/2011	Class A Common Stock	1,500	$24.5	31,700	D

Explanation of Responses:

1. Option granted pursuant to The Neiman Marcus Group, Inc. 1997 Incentive Plan, which includes tax withholding rights, in a transaction exempt from Section 16(b) under Rule 16b-3. Options vest 20% on the anniversary date of the award and expire ten years from the anniversary date of the award.

Remarks:

	Marita O'Dea Glodt	01/06/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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