X0201 42003-12-16 0000740796 FLORIDA EAST COAST INDUSTRIES INC FLA 0001013679 SMITH RICHARD G ONE MALAGA STREET ST. AUGUSTINE FL 32084 0100EVP, CFOCommon Stock2003-12-164M0262620.14A17376DCommon Stock2003-12-164M0137420.14A18750DCommon Stock2003-12-164S0400030.80D14750DCommon Stock2003-12-174M0400020.14A18750DCommon Stock 2003-12-174S0400031.00D14750DCommon Stock2003-12-184M0250420.14A17254DCommon Stock2003-12-184S0250431.23D14750DNon-Statutory Stock Optons20.142003-12-164M02626D2003-12-142006-12-14Common2626115598DNon-Statutory Stock Options20.142003-12-164M01374D2003-12-142006-12-14Common1374114224DNon-Statutory Stock Options20.142003-12-174M04000D2003-12-142006-12-14Common4000110224DNon-Statutory Stock Options20.142003-12-184M02504D2003-12-142006-12-14Common2504107720DExercise of options.______________________________ Richard G. Smith2003-12-18