X0304 5 2011-12-31 0 0 0 0000909724 TANDY LEATHER FACTORY INC TLF 0001390263 MARTIN L EDWARD III 3712 POTOMAC AVENUE FORT WORTH TX 76107 1 0 0 0 COMMON STOCK, PV $0.0024 500 D COMMON STOCK, PV $0.0024 500 I BY IRA NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 5.30 2010-11-28 2020-05-28 COMMON STOCK PV $0.0024 3000 3000 D NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 4.41 2011-04-08 2020-10-08 COMMON STOCK PV $0.0024 10200 10200 D NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 4.80 2011-09-22 2021-03-22 COMMON STOCK, PV $0.0024 3000 3000 D GRANTED PURSUANT TO THE 2007 DIRECTOR NON-QUALIFIED STOCK OPTION PLAN OF TANDY LEATHER FACTORY, INC. IN A TRANSACTION EXEMPT UNDER RULE 16B-3. L EDWARD MARTIN III 2012-01-30