-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nbk9p7weX35Xqt08vKZUaebn8a9YpyM2hHOhVyiEChn6T2nVQyj9RMH2uT2Nm7Y1
 ndocqgvW1QRxCcJeLN0Ezw==

<SEC-DOCUMENT>0001209191-03-010365.txt : 20030703
<SEC-HEADER>0001209191-03-010365.hdr.sgml : 20030703
<ACCEPTANCE-DATETIME>20030702194748
ACCESSION NUMBER:		0001209191-03-010365
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030701
FILED AS OF DATE:		20030703

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TANDY BRANDS ACCESSORIES INC
		CENTRAL INDEX KEY:			0000869487
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				752349915
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		690 E LAMAR BLVD STE 200
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76011
		BUSINESS PHONE:		8172654113

	MAIL ADDRESS:	
		STREET 1:		690 E LAMAR BLVD
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76011

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HEMMINGHAUS ROGER R
		CENTRAL INDEX KEY:			0001019711
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18927
		FILM NUMBER:		03773460

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 696000
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78269-6000
		BUSINESS PHONE:		2106418750

	MAIL ADDRESS:	
		STREET 1:		C/O BILLSERV, INC
		STREET 2:		211 N. LOOP 1604 E., #100
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78232
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bod07186_bod1rrh.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0101</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-07-01</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000869487</issuerCik><issuerName>TANDY BRANDS ACCESSORIES INC</issuerName>        <issuerTradingSymbol>TBAC</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001019711</rptOwnerCik><rptOwnerName>HEMMINGHAUS ROGER R</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>  </rptOwnerStreet1><rptOwnerStreet2>  </rptOwnerStreet2><rptOwnerCity>  </rptOwnerCity><rptOwnerState>  </rptOwnerState><rptOwnerZipCode>  </rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeSecurity><securityTitle><value>Phantom Stock Units</value></securityTitle><conversionOrExercisePrice><value>0
</value><footnoteId id="F1" /></conversionOrExercisePrice><transactionDate><value>2003-07-01</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F2" /></transactionCoding><transactionAmounts><transactionShares><value>900.211</value></transactionShares><transactionValue><value>10.8308</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>1988-08-08</value></exerciseDate><expirationDate><value>1988-08-08</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock, $1.00 par value per share</value></underlyingSecurityTitle><underlyingSecurityShares><value>900.211</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>900.211</value></sharesOwnedFollowingTransaction></postTransactionAmounts><owners
hipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeSecurity><footnotes><footnote id="F1">The phantom stock units convert to shares of common stock on a one-for-one basis.</footnote><footnote id="F2">The phantom stock units accrued under the Tandy Brands Accessories, Inc. 1995 Stock Deferral Plan for Non-Employee Directors during the quarterly period ended June 30, 2003. The phantom stock units were credited to the reporting person's bookkeeping reserve account, which account is maintained by the Issuer, on July 1, 2003 and are to be settled twelve months following the reporting person ceasing to be a member of the board of directors.</footnote></footnotes><ownerSignature><signatureName>/s/ Mark J. Flaherty as attorney-in-fact for Roger R. Hemminghaus</signatureName><signatureDate>2003-07-02</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----