Jan H. Loeb - Dec 1, 2022 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role
President and CEO, Director, 10%+ Owner
Signature
Jan H. Loeb
Stock symbol
ACFN
Transactions as of
Dec 1, 2022
Transactions value $
$17,865
Form type
4
Date filed
1/3/2023, 08:13 AM
Previous filing
Sep 23, 2022
Next filing
Mar 6, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACFN common stock Purchase $6.5K +20K +0.93% $0.33 2.18M Dec 1, 2022 Direct
transaction ACFN common stock Purchase $4.32K +14.4K +0.66% $0.30 2.19M Dec 27, 2022 Direct
transaction ACFN common stock Purchase $7.05K +22K +1.01% $0.32 2.21M Dec 28, 2022 Direct
holding ACFN common stock 1.37M Dec 1, 2022 by IRA
holding ACFN common stock 4.37M Dec 1, 2022 by LLC F1

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 +35K $0.00 35K Jan 1, 2023 common stock 35K $0.35 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by Leap Tide Capital Acorn LLC, of which Mr. Loeb is the sole manager.
F2 Granted pursuant to the terms of a consulting agreement between the reporting person and the issuer.
F3 One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 4/1/23, 7/1/23 and 10/1/23.
F4 Options expire on the earlier of (a) 1/1/30 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.