FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Moel Steven A.
2. Date of Event Requiring Statement (Month/Day/Year)
11/16/2018
3. Issuer Name and Ticker or Trading Symbol
Gaucho Group Holdings, Inc. [VINO]
(Last)
(First)
(Middle)
7934 LA MIRADA DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Director of Gaucho Group, Inc.
5. If Amendment, Date Original Filed(Month/Day/Year)
05/02/2019
(Street)

BOCA RATON, FL 33433-6108
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 154,491
D
 
Common Stock 176,546
I
Held by Roth IRA
Common Stock 26,693
I
Held by Dr. Moel's son
Common Stock 28,490
I
Held by Dr. Moel's daughter

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (1) 08/27/2018 08/27/2019 Common Stock 100,000 $ 2.48 D  
Stock Option   (2) 11/17/2022 Common Stock 50,000 $ 1.1 D  
Stock Option   (3) 09/20/2023 Common Stock 40,000 $ 0.539 D  
Stock Option   (4) 01/31/2024 Common Stock 50,000 $ 0.385 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Moel Steven A.
7934 LA MIRADA DRIVE
BOCA RATON, FL 33433-6108
  X     Director of Gaucho Group, Inc.

Signatures

/s/ Steven A. Moel 06/05/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Options issued pursuant to the 2008 Stock Option and Stock Bonus Plan on August 27, 2014 at $2.48 per share. The option became fully vested on 8/27/18.
(2) This Form 3 is amended to include a grant of stock options issued pursuant to the 2008 Stock Option and Stock Bonus Plan on November 17, 2017 at $1.10 per share that was inadvertently omitted. 12,500 shares of common stock vest 11/17/18; thereafter 3,125 shall vest every three months.
(3) Options issued pursuant to the 2018 Stock Option and Stock Bonus Plan on September 20, 2018 at $0.539 per share. 10,000 shares of common stock vest 9/20/19; thereafter 2,500 shall vest every three months.
(4) Options issued pursuant to the 2018 Stock Option and Stock Bonus Plan on January 31, 2019 at $0.385 per share. 12,500 shares of common stock vest 1/31/20; thereafter 3,125 shall vest every three months.

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