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 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 *
MCLINDEN PEGGY
   2. Issuer Name and Ticker or Trading Symbol
ETHAN ALLEN INTERIORS INC [ETH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Former Officer Now Retired
(Last)
(First)
(Middle)
ETHAN ALLEN INC., ETHAN ALLEN DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
11/14/2005
(Street)

DANBURY, CT 06811		 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
Ethan Allen Common Stock Aquired by Exercise of Options 11/14/2005   M   500 A $ 29.55 3,959 D  
Ethan Allen common stock 11/14/2005   S   500 D $ 34.4161 3,459 D  
Ethan Allen stock aquired by exercise of options 11/14/2005   M   2,250 A $ 34.6667 5,709 D  
Ethan Allen common stock 11/14/2005   S   2,250 D $ 34.4161 3,459 D  
Acquisition of Ethan Allen common stock by exercise of optio 11/14/2005   X   50 A $ 25 3,509 D  
Ethan Allen common stock 11/14/2005   S   50 D $ 34.4161 3,459 D  

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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
Option to purchase Ethan Allen common stock $ 29.55 11/14/2005   X     500 04/14/2005 04/14/2013 Ethan Allen Interiors Inc. Common Stock 500 $ 0 6,300 D  
Option to purchase Ethan Allen common stock $ 32.6667 11/14/2005   X     2,250 06/15/2002 06/14/2008 Ethan Allen Interiors Inc. common stock 2,250 $ 0 4,050 D  
Exercise of Options to purchase Ethan Allen common stock $ 25 11/14/2005   X     50 03/31/2004 03/31/2010 Ethan Allen Interiors Inc. common stock 50 $ 0 4,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MCLINDEN PEGGY
ETHAN ALLEN INC.
ETHAN ALLEN DRIVE
DANBURY, CT 06811		       Former Officer Now Retired

Signatures

 Margaret McLinden   11/16/2005
**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).

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