Statement of Changes in Beneficial Ownership (4)

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 OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * LANGE T FIELD	2. Issuer Name and Ticker or Trading Symbol TANDY LEATHER FACTORY INC [ TLF ]	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) 6300 RIDGLEA PLACE, SUITE 500	3. Date of Earliest Transaction (MM/DD/YYYY) 6/9/2017
(Street) FORT WORTH, TX 76107 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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, PV $0.0024	6/1/2017		S		2000	D	$8.50	28264	D
Common Stock, PV $0.0024	6/6/2017		S		1510	D	$8.55	26754	D
Common Stock, PV $0.0024	6/7/2017		S		2229	D	$8.41	24525	D
Common Stock, PV $0.0024	6/8/2017		S		1900	D	$8.5	22625	D
Common Stock, PV $0.0024	6/9/2017		S		5361	D	$8.2455	17264	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$5.30	6/6/2017		X			2000	11/28/2010	5/28/2020	COMMON STOCK PV $0.0024	2000	$5.30	28264	D
non-qualified stock option (right to buy) common stock pv $0	$5.30	6/6/2017		X			1000	11/28/2010	5/28/2020	common stock pv $0.0024	1000	$5.30	26754	D
non-qualified stock option (right to buy) common stock pv $0	$4.41	6/6/2017		X			510	10/8/2010	10/8/2020	common stock pv $0.0024	510	$4.41	26754	D
non-qualified stock option (right to buy) common stock pv $0	$4.41	6/7/2017		X			2229	10/8/2010	10/8/2020	common stock pv $0.0024	2229	$4.41	24525	D
non-qualified stock option (right to buy) common stock pv $0	$4.41	6/8/2017		X			1900	10/8/2010	10/8/2020	common stock pv $0.0024	1900	$4.41	22625	D
non-qualified stock option (right to buy) common stock pv $0	$4.41	6/8/2017		X			5361	10/8/2010	10/8/2020	common stock pv $0.0024	5361	$4.41	17264	D

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LANGE T FIELD 6300 RIDGLEA PLACE, SUITE 500 FORT WORTH, TX 76107	X

Signatures
T. Field Lange		2/24/2017
** Signature of Reporting Person		Date

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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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