E. Virgil Wenger - Aug 13, 2012 Form 4/A - Amendment Insider Report for Power REIT (PW)

Role
Director
Signature
/s/ Virgil E Wenger
Stock symbol
PW
Transactions as of
Aug 13, 2012
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/28/2021, 03:57 PM
Date Of Original Report
Aug 15, 2012
Next filing
May 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PW Common Shares 1K Aug 13, 2012 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PW Stock Option (Right to Buy) Award $0 +2K $0.00 2K Aug 13, 2012 Common Stock 2K $7.96 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a non-qualified stock option to acquire 2,000 shares of common stock (the "Option") on August 13, 2012 pursuant to the Trust's 2012 Equity Incentive Plan. The Option award vests 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 of $7.96, which is the price equal to the closing price of the common stock on August 13, 2012.
F2 The reporting person is filing this Form 4/A to correct the Form 4 filed by the reporting person on August 15, 2012 for transactions that took place on August 13, 2012 (the "Original Form 4"), which disclosed the granting of such stock options in Table I rather than Table II. Subsequently to the filing of the Original Form 4, the reporting person also included the unexercised stock options in the total amount of shares owned by the reporting person in subsequently filed Form 4s. Additionally, the Original Form 4 included shares in column 5 of Table I that were owned directly and indirectly by the reporting person, which has also been corrected.