Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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 *
Thompson Jubal R
   2. Issuer Name and Ticker or Trading Symbol
Comstock Holding Companies, Inc. [CHCI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Secretary
(Last)
(First)
(Middle)
1886 METRO CENTER DRIVE, 4TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
12/15/2014
(Street)

RESTON, VA 20190		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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
Class A Common Stock 03/31/2015 03/31/2015 F   1,150 D $ 6.44 56,579 (4) (5) D  
Class A Common Stock 03/31/2016 03/31/2016 F   1,371 D $ 1.79 55,208 (5) D  
Class A Common Stock 03/06/2017   A   65,000 (1) A $ 0 120,208 (5) D  
Class A Common Stock 04/06/2017   P   24,998 A $ 1 145,206 (5) D  

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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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (right to buy) $ 4.97             02/12/2010 02/12/2020 Class A Common Stock 35,714   35,714 (5) D  
Employee Stock Option (right to buy) $ 7             12/15/2011 12/31/2017 Class A Common Stock 14,285   14,285 (5) D  
Employee Stock Option (right to buy) $ 13.23               (3) 12/13/2023 Class A Common Stock 10,714   10,714 (5) D  
Employee Stock Option (right to buy) $ 7.63 12/11/2014   A   3,572     (2) 12/11/2024 Class A Common Stock 3,572 $ 0 3,572 (5) D  
Employee Stock Option (right to buy) $ 2.14 03/06/2017   A   32,500     (6) 03/06/2027 Class A Common Stock 32,500 $ 0 32,500 (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Thompson Jubal R
1886 METRO CENTER DRIVE, 4TH FLOOR
RESTON, VA 20190		       Secretary

Signatures

 /s/ Jubal Thompson, by power of attorney   04/10/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The stock awards were granted on March 6, 2017, and vest in four equal installments commencing in March 2018.
(2) The options vest in four annual equal installments commencing in December 2015.
(3) The options vest in four annual equal installments commencing in December 2014.
(4) Includes 21 shares of Class A Common Stock representing disposals in a prior year inadvertantly omitted from previous filings.
(5) The totals listed in Column 5 of Table I and Column 9 of Table II of this Form 5 reflect a 7-for-1 reverse stock split that occurred with respect to Comstock's common stock on September 25, 2015.
(6) The options vest in four annual equal installments commencing in March 2018.

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