SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
JESENIK ROBERT J

(Last) (First) (Middle)
1631 NW THURMAN
SUITE 400

(Street)
PORTLAND OR 97209

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROFIELD GROUP INC [ MICG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/03/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Series 2 Preferred Stock 10/03/2003 P 601,429 A $0.42 7,244,926 I By JMW Group, LLC(1)
Series 2 Preferred Stock 10/03/2003 P 869,048 A $0.42 7,244,926 I By Christenson Electric, Inc.(2)
Series 2 Preferred Stock 10/03/2003 P 357,143 A $0.42 7,244,926 I By JMW Capital Partners, Inc.(3)
Series 2 Preferred Stock 10/03/2003 P 595,238 A $0.42 7,244,926 I By Thurman Holdings I, Limited Partnership
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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
Warrants $0.42 10/03/2003 P 84,200 10/03/2003 10/03/2008 Common 84,200 (4) 993,993 I By JMW Group, LLC(1)
Warrants $0.42 10/03/2003 P 83,333 10/03/2003 10/03/2008 Common 83,333 (4) 993,993 I By Thurman Holdings I, Limited Partnership(5)
Explanation of Responses:
1. Mr. Jesenik is the Chief Executive Officer of JMW Capital Partners, Inc. which is the manager of JMW Group, LLC. Mr. Jesenik is also a member of JMW Group, LLC.
2. Mr. Jesenik is the Chief Executive Officer of Christenson Electric, Inc.
3. Mr. Jesenik is the Chief Executive officer of JMW Capital Partners, Inc.
4. The purchaser acquired the warrants in conjunction with the transaction in which it acquired the Series 2 Preferred Stock reported in Table I.
5. Mr. Jesenik is a Managing Director of Thurman Advisors, LLC, the general partner of Thurman Holdings I, Limited Partnership.
Remarks:
This filing shall not be deemed an admission that Mr. Jesenik is, for the purposes of Section 16(a) of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
/s/ Robert J. Jesenik __________________ Robert J. Jesenik 10/07/2003
** 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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