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
                                                                                  
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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 *

McCarthy James Andrew
2. Issuer Name and Ticker or Trading Symbol

Wilhelmina International, Inc. [ WHLM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

1100 WEST AVENUE, SUITE 326
3. Date of Earliest Transaction (MM/DD/YYYY)

10/6/2021
(Street)

MIAMI BEACH, FL 33139
(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

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $5.43 10/6/2021  A   30000.0     (6)5/9/2031 Common Stock 30000.0  (6)30000.0 D  
Employee Stock Option (right to buy) $5.43 10/6/2021  A   30000.0     (5)5/9/2030 Common Stock 30000.0  (5)30000.0 D  
Employee Stock Option (right to buy) $5.43 10/6/2021  A   30000.0     (4)5/9/2029 Common Stock 30000.0  (4)30000.0 D  
Employee Stock Option (right to buy) $5.43 10/6/2021  A   30000     (3)5/9/2028 Common Stock 30000.0  (3)30000.0 D  
Employee Stock Option (right to buy) $6.50            (1)5/9/2027 Common Stock 30000  30000 D  
Employee Stock Option (right to buy) $7.36            (2)4/25/2026 Common Stock 30000  30000 D  

Explanation of Responses:
(1) Represents employee stock options exercisable as to 6,000 shares on each of May 9, 2018, 2019, 2020, 2021 and 2022.
(2) Represents employee stock options exercisable as to 6,000 shares on each of April 25, 2017, 2018, 2019, 2020 and 2021.
(3) Represents employee stock options exercisable as to 15,000 shares on each of October 6, 2022 and 2023.
(4) Represents employee stock options exercisable as to 10,000 shares on each of October 6, 2022, 2023 and 2024.
(5) Represents employee stock options exercisable as to 7,500 shares on each of October 6, 2022, 2023, 2024 and 2025.
(6) Represents employee stock options exercisable as to 6,000 shares on each of October 6, 2022, 2023, 2024, 2025 and 2026.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
McCarthy James Andrew
1100 WEST AVENUE
SUITE 326
MIAMI BEACH, FL 33139


Chief Financial Officer

Signatures
Steven D. Davidson, as Attorney-In-Fact for James A. McCarthy10/8/2021
**Signature of Reporting PersonDate

Wilhelmina (NASDAQ:WHLM)
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