FORM 4

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

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,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940






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(Print or Type Response)

1.  Name and Address of Reporting Person*

   
Sampson         Gerald          A.
    (Last)                 (First)           (Middle)

  
The Neiman Marcus Group, Inc.
   1618 Main St.

2.  Issuer Name and Ticker or Trading Symbol

   
The Neiman Marcus Group, Inc.
                 (NMG.A)
3.  IRS or Social Security Number of
     Reporting Persons (Voluntary)
         

6.  Relationship of Reporting Person(s) to Issuer
    (check all applicable)

           Director                    10% Owner
     X     Officer                     Other (specify
                                              below)
      President and COO, Neiman Marcus Stores

            (Street)

    Dallas         Texas        75201

4.  Statement for Month/Year
        June 2002

7.  Individual or Joint/Group Filing (Check Applicable)
    X     Form filed by One Reporting Person
           Form filed by More than One Reporting Person

    (City)        (State)        (Zip)

5.  If Amendment, Date of Original
    (Month/Year)

 

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.  Title of Security

2. Trans-
   action
   Date

 (Month/
  Day/
  Year)

3. Transaction
   Code
  (Instr. 8)



Code          V

4. Securities Acquired (A)
   or Disposed of (D)
   (Instr. 3, 4 and 5)



Amount     (A) or (D)       Price

5. Amount of
  Securities
  Beneficially
  Owned at
  End of
  Month
(Instr. 3 and 4)

6. Ownership
   Form:
   Direct (D)
   or Indirect
   (I)

  (Instr. 4) 

7. Nature of
   Indirect
   Bene-
   ficial
  Ownership

   (Instr. 4)

Common Stock, Class A

6-17-2002

M

 

7,500

A

$24.8125

 

D

 

Common Stock, Class A

6-17-2002

M

 

1,920

A

$23.125

 

D

 

Common Stock, Class A

6-17-2002

M

 

26,000

A

$23.1875

72,676

D

 

Common Stock, Class A (11/99 Restricted)

           

6,000

D

 

Common Stock, Class A (9/97 PARS)

           

3,800

D

 

Common Stock, Class A (9/98 PARS)

           

4,800

D

 

Common Stock, Class A (10/99 PARS)

           

1,900

D

 

 

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).


Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title
of Deriv-
ative Sec-
urity
(Instr. 3)

2. Conver-
  sion or
  Exercise
  Price of
  Deriv-
  ative
  Security

3. Trans-
  action
  Date


  (Month/
  Day/
  Year)

4. Transac-
  Code
  (Instr. 8)








Code       V

5. Number
of Deriv-
ative secur-
ities Acq-
quired (A)
or Disposed
of (D)
(Instr. 3, 4
and 5)


(A)          (D)

6. Date Exer-
 cisable and Ex-
 piration Date

 (Month/Day/
  Year)



Date         Expira-
Exer-         tion
siable         Date

7. Title and Amount
of Underlying Sec-
urities
(Instr. 3 and 4)




                   Amount
                   or Num-
                   ber of
Title              Shares

8. Price
of
Deriv-
ative
Secur-
ity
(Instr.
5)

9. Num-
ber of
Deriva-
tive Secur-
ities
Bene-
ficially
Owned
at End
of
Month
(Instr. 4)

10. Own-
ership
Form of
Deriva-
tive Secu-
rity:
Direct
(D) or
Indirect
(i)
Instr. 4

11. Na-
ture of
Indirect
Benefi-
cial Owner-
ship
(Instr. 4).

Employee
Stock
Option(1)



$24.8125



6-17-2002



M



          7,500



(1)    9-17-2008

Common
Stock,
Class A        7,500



$24.8125

 



D

 

Employee
Stock
Option (1)



$23.125



6-17-2002



M



          1,920



(1)    10-6-2009

Common
Stock
Class A        1,920



$23.125

 



D

 

Employee
Stock
Option (1)



$23.1875



6-17-2002



M



        26,000



(1)    11-3-2009

Common
Stock
Class A      26,000



$23.1875



107,480



D

 


                   


                   


Explanation of Responses:

(1)

Option granted pursuant to The Neiman Marcus Group, Inc. 1997 Stock Plan that includes tax withholding rights. Options vest at a rate of 20% per year beginning on the first anniversary date of the grant.

 

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 person, see Instruction 4(b)(v).
** Intentional misstatements or omission of facts constitute Federal Criminal
Violations. See 18 U.S. 1001 and 15 U.S.C. 78ff(a).
If space is insufficient, see Instruction 6 for procedures.



         Gerald A. Sampson                 
     **Signature of Reporting Person



           June 28, 2002        
               Date