Power REIT — Director's Dealing 2012

Jan 14, 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Power REIT (pw)
CIK: 0001532619
Period of Report: 2011-12-31

Reporting Person: Lesser David H (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-21	common	L	500	$12.18	Acquired	141652	Indirect

Footnotes

F1: The shares were indirectly acquired by David H. Lesser. After giving effect to the transaction, David H. Lesser has beneficial ownership of 141,652 shares: 6,582 directly, 85,210 through Hudson Bay Partners LLC, a wholly owned affiliate, and 49,860 through HBP PW LLC, an affiliate managed by David H. Lesser.