X0202 4 2006-05-16 0 0000883670 LONE STAR STEAKHOUSE & SALOON INC STAR 0001240121 AARON GERALD T 224 EAST DOUGLAS, SUITE 700 WICHITA KS 672023413 0 1 0 0 Senior Vice President, Counsel Common Stock 2006-05-16 4 M 0 10000 8.4687 A 72707 D Common Stock 2006-05-16 4 S 0 10000 28.0002 D 62707 D Common Stock 2006-05-17 4 M 0 10000 8.4687 A 72707 D Common Stock 2006-05-17 4 S 0 10000 27.5963 D 62707 D Stock Option (right to buy) 8.4687 2006-05-16 4 M 0 10000 0 D 2007-01-03 Common Stock 10000 240000 D Stock Option (right to buy) 8.4687 2006-05-17 4 M 0 10000 0 D 2007-01-03 Common Stock 10000 230000 D The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual exercise price of the stock options is $8.46875. One third of the options became exercisable on January 3, 1998. One third of the options became exercisable on January 3, 1999. The remainder of the options became exercisable on January 3, 2000. /s/ Aaron, Gerald T. 2006-05-18