Form 5
Form 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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[X]
[X]		 Check this box if no longer Subject to Section 16.
Form 3 Holdings Reported
Form 4 Transactions Reported		 Estimated average burden
hours per response. . . 0.5
1. Name and Address of Reporting Person*
Wheeler, Loren Paul		 2. Issuer Name and Ticker or Trading Symbol
Rick's Cabaret International, Inc.   (RICK)

6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
___ Director                    ___ 10% Owner
_X_ Officer (give             ___ Other (specify
                  title below)                     below)

Vice President
(Last)             (First)            (Middle)

505 North Belt, Suite 630 		3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)

4. Statement for Month/Day/Year
September 2002
(Street)

Houston, Texas 77060		 5. If Amendment, Date of Original (Month/Year)
 		7. 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 at End of Issuer's Fiscal Year
(Instr. 3 and 4) 		6. Owner-
ship 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, par value $.01 09/18/2002   P4   300 A $2.28 300 D  
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instructions 4(b)(v).
 
 Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
 (Over)
SEC 1474 (3-99)
FORM 5 (continued)
 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)		 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 at
End of
Year
(Instr. 4)		 10. Ownership
Form of
Derivative
Security:
Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of
Indirect
Beneficial
Ownership
(Instr. 4)
Code   (A) (D) Date
Exercisable		 Expiration
Date		 Title Amount
or
Number
of Shares
option on common stock $2.56 11-99 A3   5,000   11-00 11-04 common stock 5,000   74,000 D  
option on common stock $2.56 11-99 A3   5,000   11-01 11-04 common stock 5,000   74,000 D  
option on common stock $2.56 05-02 A3   32,000   05-03 05-07 common stock 32,000   74,000 D  
option on common stock $2.56 05-02 A3   32,000   05-04 05-07 common stock 32,000   74,000 D  
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Loren Paul Wheeler
**Signature of Reporting Person 		10/04/2002 
Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number. 		Page 2