X0202 4 2006-10-23 0 0000869487 TANDY BRANDS ACCESSORIES INC TBAC 0000903774 JENKINS J S B 690 EAST LAMAR BLVD., SUITE 200 ARLINGTON TX 76011 1 1 0 0 President and CEO Phantom Stock 2006-10-23 4 A 0 180.4975 11.30 A Common Stock 180.4975 76453.0778 D The phantom stock units convert to shares of Tandy Brands Accessories, Inc. common stock, $1.00 par value per share, on a one-for-one basis. The phantom stock units held pursuant to the Tandy Brands Accessories, Inc. Benefit Restoration Plan will be settled in cash in a single lump sum distribution on the earlier of (i) the first day of the first month following termination of employment or retirement, which is a date no earlier than five years from the date of the reporting person's election, or (ii) the first day of the first month following the reporting person's termination of employment. /s/ Mark J. Flaherty as attorney-in-fact for J.S.B. Jenkins 2006-10-25