Sec Form 4 Filing - LAWRENCE PETER J.L. @ Algodon Wines & Luxury Development Group, Inc. - 2016-07-19

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 LAWRENCE PETER J.L. 2. Issuer Name and Ticker or Trading Symbol Algodon Wines & Luxury Development Group, Inc. [ VINO] 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) 135 FIFTH AVENUE, FLOOR 10 3. Date of Earliest Transaction (MM/DD/YY) 07/19/2016 (Street) NEW YORK,, NY10010 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 Common Stock 10,729 I See Footnote ( 1 ) Common Stock 184,971 D ( 2 )

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 Stock Option $ 2.2 07/19/2016 A 200,000 ( 3 ) 07/19/2021 Common Stock 200,000 ( 4 ) 700,000 ( 5 ) D Stock Option $ 2.48 08/27/2015 08/27/2019 Common Stock 150,000 700,000 ( 5 ) D Stock Option $ 8.03 04/15/2015 J V 1,713 04/15/2011 04/15/2015 Common Stock 1,713 ( 6 ) 700,000 ( 5 ) D Stock Option $ 3.85 04/15/2016 J V 25,000 04/15/2012 04/15/2016 Common Stock 25,000 ( 6 ) 700,000 ( 5 ) D Stock Option $ 3.85 04/15/2013 04/15/2017 Common Stock 25,000 700,000 ( 5 ) D Stock Option $ 2.48 04/15/2014 04/15/2018 Common Stock 25,000 700,000 ( 5 ) D Stock Option $ 3.85 07/06/2016 J V 172,500 07/06/2015 07/06/2016 Common Stock 172,500 ( 6 ) 700,000 ( 5 ) D Stock Option $ 2.48 06/30/2013 06/30/2018 Common Stock 300,000 700,000 ( 5 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other LAWRENCE PETER J.L. 135 FIFTH AVENUE, FLOOR 10 NEW YORK,, NY10010 X Signatures /s/ Peter J.L. Lawrence 08/04/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares held by Mr. Lawrence and his spouse as trustees of the Peter Lawrence 1992 Settlement Trust. ( 2 )Of which 13,043 shares were automatically converted from Series A Preferred Stock to common stock on July 14, 2014 on a 1:1 basis pursuant to the effectiveness of AWLD's Form 10 filed with the SEC on May 14, 2014. ( 3 )Options to acquire 66,667 shares vested on July 19, 2016; thereafter options to acquire 66,667 vest on July 19, 2017 with the remainder of 66,666 vesting on July 19, 2018. ( 4 )Options to purchase 200,000 shares of common stock granted pursuant to AWLD's 2016 Equity Incentive Plan. The remainder of the options listed herein were granted pursuant to AWLD's 2008 Equity Incentive Plan. ( 5 )Reported after taking into account all transactions reflected on this Form 4. ( 6 )Expiration of options with no value received.

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).

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