Greasy,
I will modify this reply with a picture as soon as I get home with my good digital camera, as my attempts are not working in the dark garage with the camera in my phone. I am picky about appearance, and think it looks good. The head of a #4-40 screw is only 1/4" in diameter, so they really aren't noticed. If you measure carefully, and only have one or two threads protruding through the nut, you can keep it quite neat.
Cheers
Fabricator