Power REIT — Director's Dealing 2022

Jul 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Power REIT (PW)
CIK: 0001532619
Period of Report: 2022-07-15

Reporting Person: Lesser David H (Director, CEO, Secretary, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-15	Common Stock	A	20000	—	Acquired	490557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-15	Stock Option (right to purchase)	$13.44	A	150000	Acquired	2032-07-15	Common Stock (150000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	68679	Indirect
Common Stock	15458	Indirect
Common Stock	18656	Indirect
Common Stock	14410	Indirect

Footnotes

F1: On July 15, 2022, Mr. Lesser was granted an option to purchase 20,000 shares of restricted common stock as compensation pursuant to the Power REIT 2020 Equity Incentive Plan which vests monthly over 36 months.

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 and owns a 50% interest.

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: Hudson Bay Partners, LP which is owned 100% by David H. Lesser acts as the Managing Member of PW RO 3 Holdings LLC and owns a 50% interest.

F6: On July 15, 2022 Mr. Lesser was granted an option to purchase 150,000 shares of common stock as compensation pursuant to Power REIT 2020 Equity Incentive Plan which vests monthly pro rata over 36 months starting on August 1, 2022.