Filing Details

Accession Number:
0001493152-20-001673
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-06 07:04:43
Reporting Period:
2020-02-05
Accepted Time:
2020-02-06 07:04:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1532619 Power Reit PW () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1479527 H David Lesser 301 Winding Road
Old Bethpage NY 11804
Ceo, Secretary, Treasurer 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 Stock Acquisiton 2020-02-05 40,000 $0.00 507,417 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. On February 5, 2020, Mr. Lesser was granted 40,000 shares as compensation which vests quarterly over three years with the first vesting to occur on 3/31/2020.
  2. After giving effect to the reported transaction(s), Mr. Lesser has beneficial ownership of 507,417 shares (including restricted stock and option equity grants (vested and unvested) under the Trust's 2012 Equity Incentive Plan). A non qualified stock option to acquire 100,000 common shares ("Option") was awarded on August 13, 2012, pursuant to the Trust's 2012 Equity Incentive Plan. The Option vested 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.