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