TANDY LEATHER FACTORY INC — Director's Dealing 2012

Feb 7, 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TANDY LEATHER FACTORY INC (TLF)
CIK: 0000909724
Period of Report: 2011-12-31

Reporting Person: GREENE SHANNON L (Director, CFO/TREASURER)

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK, PV $0.0024	12410.8236	Indirect
COMMON STOCK, PV $0.0024	139086.799	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
QUALIFIED INCENTIVE STOCK OPTIONS (RIGHT TO BUY)	$4.24	2013-09-16	COMMON STOCK, PV $0.0024 (25000)	25000	Direct

Footnotes

F1: GRANTED PURSUANT TO THE TERMS OF THE 1995 STOCK OPTION PLAN OF TANDY LEATHER FACTORY, INC. FOR KEY MANAGEMENT EMPLOYEES.

F2: THE OPTIONS BECOME VESTED IN 5 EQUAL ANNUAL INSTALLMENTS COMMENCING 09/16/2004.