David H. Lesser - 12 May 2021 Form 4 Insider Report for Power REIT (PW)

Role
CEO, Secretary, Treasurer, Director
Signature
/s/ David H. Lesser
Issuer symbol
PW
Transactions as of
12 May 2021
Transactions value $
$0
Form type
4
Filing time
14 May 2021, 20:33:25 UTC
Previous filing
28 May 2021
Next filing
08 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PW Common Stock Award $0 +20,000 +4.9% $0 428,217 12 May 2021 Direct F1
holding PW Common Stock 68,679 12 May 2021 13310 LMR2A, LLC F2
holding PW Common Stock 132,074 12 May 2021 PW RO Holdings LLC F3
holding PW Common Stock 155,000 12 May 2021 PW RO Holdings 2 LLC F4
holding PW Common Stock 123,020 12 May 2021 PW RO Holdings 3 LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2021, Mr. Lesser was granted 20,000 shares pursuant to Power REIT's 2020 Equity Incentive Plan which vests monthly in equal amounts over three years, with the first vesting to occur on 6/1/21.
F2 Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Co-Managing Member of 13310 LMR2A LLC but disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F3 Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO Holdings LLC. but disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F4 Hudson Bay Partners, LP, which is owned 100% by David H. Lesser acts as the Managing Member of PW RO Holdings 2 LLC but disclaims beneficial ownership of all shares except to the extent of any pecuniary interest therein.
F5 Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO Holdings 3 LLC but disclaims beneficial ownership of all shares except to the extent of any pecuniary interest therein.