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Filing Details

Accession Number:
0001532619-13-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-06 10:17:53
Reporting Period:
2013-02-04
Filing Date:
2013-02-06
Filing Date Changed:
2013-02-06
Accepted Time:
2013-02-06 10:17:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1532619 Power Reit PW Real Estate Investment Trusts (6798) 453116572
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1479527 H David Lesser 301 Winding Road
Old Bethpage NY 11804
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Acquisiton 2013-02-04 400 $11.19 272,349 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Footnotes
  1. 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.
  2. After giving effect to the reported transaction(s), Mr. Lesser has beneficial ownership of 272,349 shares: 132,048 directly (including equity grants), 86,038 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.