David H. Lesser - 31 Dec 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
31 Dec 2021
Transactions value $
$2,858,373
Form type
4
Filing time
03 Jan 2022, 16:00:33 UTC
Previous filing
08 Oct 2021
Next filing
16 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PW Common Stock Other $2,858,373 +42,340 +9.89% $67.51 470,557 31 Dec 2021 Direct F1
transaction PW Common Stock Other $0 -116,617 -88.3% $0 15,458 31 Dec 2021 PW RO Holdings LLC F3
transaction PW Common Stock Other $0 -108,610 -88.29% $0 14,410 31 Dec 2021 PW RO Holdings 3 LLC F5
holding PW Common Stock 68,679 31 Dec 2021 13310 LMR2A, LLC F2
holding PW Common Stock 18,656 31 Dec 2021 PW RO Holdings 2 LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents issuance of shares related to the exercise of options net of contribution of options to cover the exercise price and tax withholding.
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 The transaction represents the distribution of shares to investors in PW RO Holdings LLC. Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO Holdings LLC and owns a 50% interest upon completion of the distribution of shares to the investors.
F4 Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO 2 Holdings LLC and owns a 50% interest.
F5 The transaction represents the distribution of shares to investors in PW RO Holdings LLC. Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO Holdings LLC and owns a 50% interest upon completion of the distribution of shares to the investors.