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

INITIAL STATEMENT OF 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 *

Teton Holdings Corp CCS
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/15/2020 

3. Issuer Name and Ticker or Trading Symbol

Crimson Wine Group, Ltd [CWGL]
(Last)        (First)        (Middle)

PO BOX 4902
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

JACKSON, WY 83001      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

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 0 (1)I By CLAT 
Common Stock 2410828 (2)I By CLAT 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Represents securities beneficially owned by Teton Holdings Corporation CCS ("Teton"). On April 15, 2020, Teton was appointed as the trustee for The Ian M. Cumming Charitable Lead Annuity Trust (the "CLAT"), which owns 2,410,828 shares of common stock of Crimson Wine Group, Ltd. (the "Shares"). Teton does not have a pecuniary interest in the Shares.
(2) Represents securities beneficially owned by David Cumming. David Cumming owns a 50% interest in Teton and serves as a member of the board of directors and as a member of the investment committee of Teton. David Cumming also holds a remainder interest in the CLAT. David Cumming disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.

Remarks:
Exhibit List:
Exhibit 24.1 - Power of Attorney (Teton Holdings Corporation CCS)
Exhibit 24.2 - Power of Attorney (David Cumming)

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Teton Holdings Corp CCS
PO BOX 4902
JACKSON, WY 83001

X

Cumming David
PO BOX 4902
JACKSON, WY 83001

X


Signatures
/s/ Catherine Handley, as attorney-in-fact for Teton Holdings Corporation CCS9/18/2020
**Signature of Reporting PersonDate

/s/ Catherine Handley, as attorney-in-fact for David Cumming9/18/2020
**Signature of Reporting PersonDate

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