Sec Form 4 Filing - Esch Dieter @ Wilhelmina International, Inc. - 2021-07-27

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 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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1. Name and Address of Reporting Person Esch Dieter 2. Issuer Name and Ticker or Trading Symbol Wilhelmina International, Inc. [ WHLM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) CARRETERA TRANSPENINSULAR KM. 27.5 3. Date of Earliest Transaction (MM/DD/YY) 07/27/2021 (Street) SAN JOSE DEL CABO, O523400 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/27/2021 S 237,500 D $ 2,375,000 475,000 I Shares owned directly by Lorex Investments AG

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Esch Dieter CARRETERA TRANSPENINSUL AR KM. 27.5 SAN JOSE DEL CABO, O523400 X LOREX INVESTMENTS AG INDUSTRIESTRASSE 22, ZUG CH-6302,, V8 X Signatures /s/ Esch Dieter 07/27/2021 Signature of Reporting Person Date /s/ LOREX INVESTMENTS AG 07/27/2021 Signature of Reporting Person Date

Explanation of Responses:

Remarks: On March 31, 2021, REV Alpha Holdings ("REV"), entered into a purchase agreement (the "Purchase Agreement") with Lorex Investments AG ("Lorex"), pursuant to which REV shall purchase 950,000 shares of the Issuer's common stock that Lorex owns (the "Purchased Shares") for aggregate consideration of $9.5 million, in four tranches. Pursuant to the Purchase Agreement, REV purchased the first tranche of 237,500 shares on March 31, 2021 and the second tranche of 237,500 shares on July 27, 2021.

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 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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