Tracy S. Clifford - 01 Jun 2023 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role: CFO
Signature: Tracy S. Clifford
Issuer symbol: ACFN
Transactions as of: 01 Jun 2023
Net transactions value: +$1,264
Form type: 4
Filing time: 05 Jun 2023, 17:39:35 UTC
Previous filing: 21 Sep 2022
Next filing: 12 Jun 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	$158	+563	+5.6%	$0.2800	10,563	01 Jun 2023	Direct
transaction	ACFN	common stock	Purchase	$1,106	+3,950	+37%	$0.2800	14,513	02 Jun 2023	Direct

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	+100,000		$0.000000	100,000	01 Jun 2023	common stock	100,000	$0.3068	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 the Amended and Restated Consulting Agreement, dated as of 6/1/23, by and between the Issuer and Tracy Clifford Consulting, LLC.
F2	One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 9/1/23, 12/1/23 and 3/1/24.
F3	Options expire on the earlier of (a) 6/1/30 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.