Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Marcus Gregory S
  2. Issuer Name and Ticker or Trading Symbol
MARCUS CORP [MCS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last)
(First)
(Middle)
C/O THE MARCUS CORPORATION, 100 EAST WISCONSIN AVENUE, SUITE 1900
3. Date of Earliest Transaction (Month/Day/Year)
12/21/2005
(Street)

MILWAUKEE, WI 532024125
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               13,806 D  
Common Stock               75 I As custodian (1)
Common Stock               2,176 I By 401(k) Plan (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (3) 12/21/2005   G V 642     (4)   (5) Common Stock 642 $ 0 196,491 D  
Employee Stock Option (granted 6/26/96) $ 16.75               (6) 06/26/2006 Common Stock 1,500   1,500 D  
Employee Stock Option (granted 6/26/97) $ 16.5               (6) 06/26/2007 Common Stock 1,500   1,500 D  
Employee Stock Option (granted 6/25/98) $ 16.94               (6) 06/25/2008 Common Stock 1,500   1,500 D  
Employee Stock Option (granted 6/30/99) $ 12.31               (6) 06/30/2009 Common Stock 3,500   3,500 D  
Employee Stock Option (granted 6/28/00) $ 11.43               (6) 06/28/2010 Common Stock 15,000   15,000 D  
Employee Stock Option (granted 7/11/02) $ 15.55               (6) 07/11/2012 Common Stock 25,000   25,000 D  
Employee Stock Option (granted 9/8/03) $ 14.61               (6) 09/08/2013 Common Stock 7,500   7,500 D  
Employee Stock Option (granted 8/18/04) $ 18.15               (6) 08/18/2014 Common Stock 7,500   7,500 D  
Employee Stock Option (granted 10/06/2005) $ 20.06               (7) 10/06/2015 Common Stock 10,000   10,000 D  
Class B Common Stock $ 0 (3)               (4)   (5) Common Stock 31,800   31,800 I As custodian (8)
Class B Common Stock $ 0 (3)               (4)   (5) Common Stock 10,667   10,667 I By spouse

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Marcus Gregory S
C/O THE MARCUS CORPORATION
100 EAST WISCONSIN AVENUE, SUITE 1900
MILWAUKEE, WI 532024125
      Senior Vice President  

Signatures

 By: Steven R. Barth, Attorney-In-Fact   01/12/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As sole custodian of these shares held by the Alexandra Marcus U/WI/UTMA.
(2) Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan.
(3) This security is convertible into common stock on a 1-for-1 basis at no cost.
(4) This security is immediately exercisable.
(5) No expiration date.
(6) The options originally granted vest and become exercisable as follows: 40% after 2nd anniversary of the date of grant; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years.
(7) The options vest and become exercisable as follows: 20% after 1st anniversary of the date of grant, 40% after 2nd anniversary; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years.
(8) As sole custodian of 13,900 Class B shares held by the Alexandra Marcus U/WI/UTMA, 13,900 Class B shares held by the Michael Marcus U/WI/UTMA, and 4,000 Class B shares held by the Samantha Marcus U/WI/UTMA.

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