Power REIT — Director's Dealing 2013

Apr 13, 2013

SEC Form 4/A — Form 4/A

Issuer: Power REIT (PW)
CIK: 0001532619
Period of Report: 2013-04-05

Reporting Person: Lesser David H (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-05	Common	P	568	$10.36	Acquired	274775	Indirect

Footnotes

F1: 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.

F2: After giving effect to the reported transaction(s), Mr. Lesser has beneficial ownership of 274,775 shares: 133,474 directly (including equity grants), 87,038 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.

F3: Three separate purchases totaling 568 shares at an average price of 10.36. This filing amends the previous filing filed on April 8, 2013.