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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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)
04/02/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/04/2004
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
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
Series 3 Preferred $0 04/02/2004 04/02/2004 P 20.288 04/02/2005 03/31/2007 Common 20,288 $420 20.288 I By: JMW Group, LLC(1)
Series 3 Preferred $0 04/02/2004 04/02/2004 P 125.636 04/02/2005 03/31/2007 Common 125,636 $420 125.636 I By Christenson Electric, Inc.(2)
Series 3 Preferred $0 04/02/2004 04/02/2004 P 3,241.922 04/02/2005 03/31/2007 Common 3,241,922 $420 3,241.922 I By Christenson Leasing Company, LLC(3)(4)
Series 3 Preferred $0 04/02/2004 04/02/2004 P 28.733 04/02/2005 03/31/2007 Common 28,733 $420 28.733 I By JW Assurance and Holding Limited(5)
Series 2 Preferred $0 11/15/2003 11/15/2003 P 4,202,381 11/15/2003 11/15/2006 Common 4,202,381 $0.42 4,202,381(3) I By Christenson Electric, Inc.(2)
Series 3 Preferred $0 04/02/2004 04/02/2004 P 68.32 04/02/2005 04/02/2007 Common 68,320 $420 68.32 I By JMW Capital Partners, Inc.(3)
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 and a director of Christenson Electric, Inc.
3. Mr. Jesenik is the Chief Executive officer of JMW Capital Partners, Inc.
4. JMW Capital Partners, Inc. is the Manager of Christenson Leasing Company, LLC.
5. Mr. Jesenik beneficially owns 44.834% of JW Assurance and Holding Limited. Mr. Jesenik is also a director and the President of JW Assurance and Holding, Limited.
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 04/28/2004
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.