JAN H. LOEB - 01 Jan 2022 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role
President and CEO, Director, 10%+ Owner
Signature
Jan H. Loeb
Issuer symbol
ACFN
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 08:11:28 UTC
Previous filing
30 Dec 2021
Next filing
15 Apr 2022
SEC
View on sec.gov

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 ACFN stock options Award $0 +35,000 $0.000000 35,000 01 Jan 2022 common stock 35,000 $0.6300 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the terms of a consulting agreement between the reporting person and the issuer.
F2 One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 4/1/22, 7/1/22 and 10/1/22.
F3 Options expire on the earlier of (a) 1/1/29 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.