Edgar Filing: LANDRYS RESTAURANTS INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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 ^*

Â DEUTSCHE BANK AG\

2. Date of Event Requiring Statement (Month/Day/Year)
08/14/2007

3. Issuer Name and Ticker or Trading Symbol
LANDRYS RESTAURANTS INC [LNY]

(Last)

(First)

(Middle)

TAUNUSANLAGE 12 D-60325

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

FRANKFURT AM MAIN,Â I8Â

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 Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Landry's Restaurants Inc.	2,017,203	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Landry's Restaurants Inc. Total Return Swap	Â ⁽¹⁾	Â ⁽¹⁾	Landry's Restaurants Inc.	⁽¹⁾	$ ⁽¹⁾	D ⁽¹⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽²⁾	Â ⁽²⁾	Landry's Restaurants Inc.	⁽²⁾	$ ⁽²⁾	D ⁽²⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽³⁾	Â ⁽³⁾	Landry's Restaurants Inc.	⁽³⁾	$ ⁽³⁾	D ⁽³⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽⁴⁾	Â ⁽⁴⁾	Landry's Restaurants Inc.	⁽⁴⁾	$ ⁽⁴⁾	D ⁽⁴⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽⁵⁾	Â ⁽⁵⁾	Landry's Restaurants Inc.	⁽⁵⁾	$ ⁽⁵⁾	D ⁽⁵⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽⁶⁾	Â ⁽⁶⁾	Landry's Restaurants Inc.	⁽⁶⁾	$ ⁽⁶⁾	D ⁽⁶⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽⁷⁾	Â ⁽⁷⁾	Landry's Restaurants Inc.	⁽⁷⁾	$ ⁽⁷⁾	D ⁽⁷⁾	Â
Landry's Restaurants Inc. Total Return Swap	Â ⁽⁸⁾	Â ⁽⁸⁾	Landry's Restaurants Inc.	⁽⁸⁾	$ ⁽⁸⁾	D ⁽⁸⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
DEUTSCHE BANK AG\ TAUNUSANLAGE 12 D-60325 FRANKFURT AM MAIN,Â I8Â	Â	Â X	Â	Â

Signatures

Jeffrey A. Ruiz		08/21/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	(1) On December 5, 2006, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 207,300 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(2)	(2) On March 21, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 97,800 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(3)	(3) On April 5, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 26,100 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(4)	(4) On April 23, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 4,900 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(5)	(5) On May 4, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 165,500 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(6)	(6) On June 1, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 92,000 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(7)	(7) On June 15, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 37,500 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.
(8)	(8) On July 7, 2007, the reporting person entered into a security-based swap agreement under which the reporting person (a) will receive periodic payments representing the market performance of a hypothetical position of 148,800 shares of Landry's common stock and (b) will make periodic LIBOR-based cash payments based on the notional amount of the swap agreement.

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