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 *

MATTHEWS MARK
2. Issuer Name and Ticker or Trading Symbol

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

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President
(Last)          (First)          (Middle)

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

7/31/2013
(Street)

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

 
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                  142619   D    
Common Stock                  175000   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   $.75   7/31/2013     A   (1)    7500         (2) 12/17/2019   Common Stock   7500   $.75   7500   I   by IRA  
Option   $.75   7/31/2013     A   (1)    5000         (3) 8/10/2020   Common Stock   5000   $.75   5000   D    
Option   $.75   7/31/2013     A   (1)    2500       8/10/2013   8/10/2020   Common Stock   2500   $.75   2500   D    
Option   $5.80   7/31/2013     D   (1)       7500      (2) 12/17/2019   Common Stock   7500   $5.80   0   D    
Options   $5.20   7/31/2013     D   (1)       5000      (3) 8/10/2020   Common Stock   5000   $5.20   0   D    
Option   $5.20   7/31/2013     D   (1)       2500    8/10/2013   8/10/2020   Common Stock   2500   $5.20   0   D    
Option   $.38   7/31/2013     A      750000         (4) 7/31/2023   Common Stock   750000   $.38   750000   D    

Explanation of Responses:
( 1)  The reported transactions involved an amendment to outstanding options resulting in the deemed cancellation of the "old" options and the grant of "replacement" options.
( 2)  The Option became exercisable in equal installments on December 17, 2010, December 17, 2011 and December 17, 2012.
( 3)  The Option became exercisable in equal installments on August 10, 2011 and August 10, 2012.
( 4)  The Option will become exercisable in the following installments: (a) 250,000 shares in equal installments on July 31, 2014, July 31, 2015 and July 31, 2016; (b) 250,000 shares upon the Company reporting aggregate revenue in four consecutive quarters of $10 million or more; and (c) 250,000 shares upon the Company reporting positive cash flow from operations in two consecutive quarters.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MATTHEWS MARK
C/O ARISTA POWER, INC.
1999 MT. READ BOULEVARD
ROCHESTER, NY 14615
X
President

Signatures
/s/ Mark Matthews 8/2/2013
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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