Sec Form 4 Filing - MATHIS SCOTT L @ Algodon Wines & Luxury Development Group, Inc. - 2018-06-30

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 MATHIS SCOTT 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 X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) President, CEO, Chair. & Dir. (Last) (First) (Middle) 135 FIFTH AVENUE, FLOOR 10 3. Date of Earliest Transaction (MM/DD/YY) 06/30/2018 (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 173,697 I See Footnote ( 1 ) ( 2 ) Series B Preferred Stock ( 3 ) 2,100 I See Footnote ( 1 ) Common Stock 3,777,425 I See Footnote ( 4 ) Common Stock 538,362 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 $ 0.539 09/20/2018 A 725,000 ( 5 ) 09/20/2023 Common Stock 725,000 $ 0 725,000 D Stock Option $ 0.77 ( 6 ) 02/14/2023 Common Stock 1,000,000 1,000,000 D Stock Option $ 1.1 ( 7 ) 12/17/2022 Common Stock 300,000 300,000 D Stock Option ( 8 ) $ 2.48 08/27/2015 08/27/2019 Common Stock 150,000 150,000 D Stock Option ( 8 ) $ 2.48 08/27/2018 08/27/2019 Common Stock 500,000 500,000 D Stock Option ( 8 ) $ 2.2 ( 9 ) 06/08/2020 Common Stock 1,459,890 1,459,890 D Warrant $ 2.3 06/30/2018 J( 10 ) 2,460 06/30/2013 06/30/2018 Common Stock ( 11 ) 2,460 $ 0 0 D Warrant $ 2.3 09/30/2013 09/30/2018 Common Stock ( 11 ) 27,561 27,561 D Warrant $ 2.3 12/31/2013 12/31/2018 Common Stock ( 11 ) 36,031 36,031 D Warrant $ 2.3 03/31/2014 03/31/2019 Common Stock ( 11 ) 59,053 59,053 D Warrant $ 2.3 06/30/2014 06/30/2019 Common Stock ( 11 ) 58,834 58,834 D Warrant $ 2.3 09/30/2014 09/30/2019 Common Stock ( 11 ) 31 31 D Warrant $ 2.3 12/30/2014 12/30/2019 Common Stock ( 11 ) 40,364 40,364 D Warrant $ 2 12/30/2014 12/30/2019 Common Stock 10,800 10,800 D Warrant $ 2 03/31/2015 03/31/2020 Common Stock 24,600 24,600 D Warrant $ 2 06/30/2015 06/30/2020 Common Stock 43,589 45,589 D Warrant $ 2 09/30/2015 09/30/2020 Common Stock 28,481 28,481 D Warrant $ 2 12/31/2015 12/31/2020 Common Stock 3,518 3,518 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MATHIS SCOTT L 135 FIFTH AVENUE, FLOOR 10 NEW YORK,, NY10010 X X President, CEO, Chair. & Dir. Signatures /s/ Scott L. Mathis 09/24/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares held by Mr. Mathis' 401(k) account. ( 2 )This corrects the schedule as unintentionally misstated on previously filed Forms 4 for Mr. Mathis. ( 3 )Series B Preferred Shares are automatically convertible to Common Shares at a ratio of 1 Preferred Share to 10 Common Shares upon uplisting to national stock exchange or prior thereto at holder's option. ( 4 )Shares held by The WOW Group, LLC, of which Mr. Mathis is a managing member and of which Mr. Mathis is a controlling member. ( 5 )Stock options granted pursuant to 2018 Equity Incentive Plan; options to acquire 181,250 shares vest on 9/20/19; thereafter options to acquire 45,313 shares vest every three months in equal installments with the last installment of 45,307 vesting on 9/20/22. ( 6 )Stock options granted pursuant to 2016 Equity Incentive Plan; options to acquire 250,000 shares vest on 2/14/19; thereafter options to acquire 62,500 shares vest every three months. This vesting schedule corrects the schedule as stated on previously filed Forms 4 for Mr. Mathis. ( 7 )Stock options granted pursuant to 2016 Equity Incentive Plan; options to acquire 75,000 shares vest on 12/17/18; thereafter options to acquire 18,750 shares vest every three months. ( 8 )Options granted pursuant to AWLD's 2008 Equity Incentive Plan. ( 9 )Options to acquire 364,974 vest on June 8, 2016; thereafter options to acquire 91,243 shares vest every three months. ( 10 )Expiration of warrants with no value received. ( 11 )Warrants to purchase Series A Preferred Stock were automatically converted 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.

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* 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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