Sec Form 4 Filing - Minichiello Thomas P. @ SPORTS FIELD HOLDINGS, INC. - 2017-07-15

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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
Minichiello Thomas P.
2. Issuer Name and Ticker or Trading Symbol
SPORTS FIELD HOLDINGS, INC. [ SFHI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1416 KALLIEN AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
07/15/2017
(Street)
NAPERVILLE,, IL60540
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (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
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
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 06/30/2017 06/30/2022 Common Stock 25,000 $ 1 25,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 09/30/2017 09/30/2022 Common Stock 25,000 $ 1 50,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 12/31/2017 12/31/2022 Common Stock 25,000 $ 1 75,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 03/31/2018 03/31/2023 Common Stock 25,000 $ 1 100,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 06/30/2018 06/30/2023 Common Stock 25,000 $ 1 125,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 09/30/2018 09/30/2023 Common Stock 25,000 $ 1 150,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 12/31/2018 12/31/2023 Common Stock 25,000 $ 1 175,000 D
Options to Purchase Common Stock $ 1 07/15/2017 A 25,000 ( 1 ) 03/31/2019 03/31/2024 Common Stock 25,000 $ 1 200,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Minichiello Thomas P.
1416 KALLIEN AVENUE
NAPERVILLE,, IL60540
X
Signatures
/s/ Tom Minichiello 07/25/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The options to purchase common stock were issued pursuant to a Stock Option Agreement entered into between Sports Field Holdings, Inc. (the "Company") and Mr. Minichiello, effective July 15, 2017 (the "Stock Option Agreement") in accordance with the Sports Field Holdings, Inc. 2016 Equity and Incentive Plan. Pursuant to the Stock Option Agreement, the Board of Directors of the Issuer granted Mr. Minichiello non-qualified options to purchase two hundred thousand (200,000) shares of the Company's Common Stock at an exercise price of $1.00, to vest in equal amounts over a period of two (2) years at the rate of twenty-five thousand (25,000) per fiscal quarter on the last day of each such quarter, commencing in the second fiscal quarter of 2017

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