0001354488-14-001455.txt : 20140328 0001354488-14-001455.hdr.sgml : 20140328 20140328151102 ACCESSION NUMBER: 0001354488-14-001455 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140328 FILED AS OF DATE: 20140328 DATE AS OF CHANGE: 20140328 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Power REIT CENTRAL INDEX KEY: 0001532619 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 453116572 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 301 WINDING ROAD CITY: OLD BETHPAGE STATE: NY ZIP: 11804 BUSINESS PHONE: 212-750-0373 MAIL ADDRESS: STREET 1: 301 WINDING ROAD CITY: OLD BETHPAGE STATE: NY ZIP: 11804 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lesser David H CENTRAL INDEX KEY: 0001479527 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36312 FILM NUMBER: 14725287 MAIL ADDRESS: STREET 1: 301 WINDING ROAD CITY: OLD BETHPAGE STATE: NY ZIP: 11804 4 1 issuerdirect_section16.xml PRIMARY DOCUMENT X0306 4 2014-03-28 0001532619 Power REIT PW 0001479527 Lesser David H 301 WINDING ROAD OLD BETHPAGE NY 11804 1 1 1 Chairmen Common Stock 2014-03-27 4 P 0 500 8.80 A 310220 I see footnotes After giving effect to the reported transaction(s), Mr. Lesser has beneficial ownership of 310,220 shares: 168,819 directly (including restricted stock and option equity grants under the Trust's 2012 Equity Incentive Plan), 87,138 through Hudson Bay Partners LP, a wholly owned affiliate, and 54,263 through HBP PW LLC, an affiliate managed by David H. Lesser. Approximately 99.8% of the share capital of HBP PW LLC has been provided by a third-party investor. A non qualified stock option to acquire 100,000 common shares ("Option") and 20,000 restricted shares of common stock ("Restricted Stock") were awarded on August 13, 2012, pursuant to the Trust's 2012 Equity Incentive Plan. The Option and Restricted Stock awards vest in three-equal annual installments beginning with the first anniversary of the respective grants. The Options have a 10-year term and a strike price equal to the closing price of the stock on August 13, 2012. /s/David H. Lesser 2014-03-28