X0201 4 2003-08-01 0 0000320333 HANOVER DIRECT INC HNV 0001056575 REGAN BASIL P 6 EAST 43RD ST 28TH FL NEW YORK NY 10017 0 0 1 0 Common Stock 37773450 I See Footnote 1 Common Stock 954900 D Options .2514 2003-08-01 2003-08-01 4 A 0 35000 .00 A 2004-08-01 2013-08-01 Common Stock 35000 110000 D The securities reported on this filing are held in the accounts of unregistered investment companies and/or managed accounts ("Companies") over which the Reporting Person has investment discretion through the Reporting Person's position in the general partner/investment adviser thereof. The Reporting Person in turn has a pecuniary interest in such securities equal to his portion of the incentive compensation potentially due the general partner/investment adviser each year. Options on Common Shares given as part of the 2003 Stock Option Plan for Directors of which 11,666 options are exercisable on 8/1/04, 11,666 options are exercisable on 8/1/05 and 11,667 options are exercisable on 8/1/06. ***The Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of his pecuniary interest therein. /s/ Basil P. Regan*** 2003-08-18