FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hedges Molly M. 		2. Issuer Name and Ticker or Trading Symbol

Arista Power, Inc. [ OTCBB:ASPW ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Acting CFO, VP of Finance
(Last)          (First)          (Middle)

C/O ARISTA POWER, INC., 1999 MT. ROAD BOULEVARD 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/8/2012
(Street)

ROCHESTER, NY 14615
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

11/9/2012 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  92539   D    
Common Stock                  37500   I   By IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option   $1.67   11/8/2012     A   (1)    5000         (2) 11/22/2021   Common Stock   5000   $1.67   5000   D    
Option   $1.67   11/8/2012     A   (1)    3350         (3) 3/1/2020   Common Stock   3350   $1.67   3350   D    
Option   $1.67   11/8/2012     A   (1)    1650       3/1/2013   3/1/2020   Common Stock   1650   $1.67   1650   D    
Warrant   $1.67   11/8/2012     A   (1)    57500         (4) 4/26/2020   Common Stock   57500   $1.67   57500   D    
Option   $2.00   11/8/2012     D   (1)       5000      (2) 11/22/2021   Common Stock   5000   $2.00   0   D    
Option   $5.80   11/8/2012     D   (1)       3350      (3) 3/1/2020   Common Stock   3350   $5.80   0   D    
Option   $5.80   11/8/2012     D   (1)       1650    3/1/2013   3/1/2020   Common Stock   1650   $5.80   0   D    
Warrant   $5.00   11/8/2012     D   (1)       57500      (4) 4/26/2020   Common Stock   57500   $5.00   0   D    

Explanation of Responses:
( 1)  The reported transactions involved an amendment to outstanding options and warrants, resulting in the deemed cancellation of the "old" options or warrants and the grant of replacement options or warrants, as applicable.
( 2)  The Option will become exercisable in installments of 1,700 shares on November 22, 2012 and 1,650 shares on each of November 22, 2013 and November 22, 2014.
( 3)  The Option became exercisable in installments of 1,700 and 1,650 shares on March 1, 2011 and March 1, 2012, respectively.
( 4)  The Warrant became exercisable in equal installments on October 26, 2010, April 26, 2011, October 26, 2011 and April 26, 2012.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hedges Molly M.
C/O ARISTA POWER, INC.
1999 MT. ROAD BOULEVARD
ROCHESTER, NY 14615

Acting CFO, VP of Finance

Signatures
/s/ Molly Hedges 11/13/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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