Haynes Patrick R III 4
4 · Power REIT · Filed Aug 16, 2022
Insider Transaction Report
Form 4
Haynes Patrick R III
Director
Transactions
- Award
Common Stock
2022-07-15+600→ 8,719 total - Award
Stock Option (right to purchase)
2022-07-15+10,000→ 10,000 totalExercise: $13.44From: 2022-01-01Exp: 2032-07-15→ Common Stock (10,000 underlying)
Holdings
- 11,507(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]On July 15, 2022, Mr. Haynes was granted 600 shares of restricted common stock as compensation pursuant to the Power REIT 2020 Equity Incentive Plan which vests in equal 25% installments on each of 9/30/22, 12/31/22, 3/31/23 and 6/30/23.
- [F2]Patrick R. Haynes III is the Managing Member of JRC Management LLC. Mr. Haynes disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- [F3]On July 15, 2022 Mr. Haynes was granted an option to purchase 10,000 shares of common stock as compensation pursuant to Power REIT 2020 Equity Incentive Plan which vests monthly pro rata over 36 months starting in August, 2022.