SEC Form 4 · accession 0001493152-16-009510
Power REIT · PW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Virgil E Wenger
Director
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001532619
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 5, 2016 | P$0 | 600 | $0.00 | A | 4,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 5/5/16 Mr. Wenger was granted 600 shares as compensation which vests 25% on each of 6/30/16, 9/30/16, 12/31/16 and 3/31/17.
- F2After giving effect to the reported transaction(s), Mr. Wenger has beneficial ownership of 4,000 shares including a non-qualified option to acquire 2,000 shares of common stock that was granted on 8/13/12 and has a 10 year term.