X0303 5 2011-01-29 0 0 0 0000795212 TRANS WORLD ENTERTAINMENT CORP TWMC 0001187186 KAUFMAN ISAAC 38 CORPORATE CIRCLE ALBANY NY 12203 1 0 0 0 Common Stock, par value $0.01 per share 34500 D Director Stock Options (Right to Buy) Common Stock, par value $0.01 per share 5000 5000 D Deferred Shares Common Stock, par value $0.01 per share 72891 72891 D All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act. Previously reported on Form 4. All grants are exercisable within 4 years and expire 10 years from date of grant. All grants are exercisable within 3 years and expire 10 years from date of grant. /s/ Isaac Kaufman 2011-02-22