Samuel Zentman - 01 Jan 2024 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role
Director
Signature
Samuel M. Zentman
Issuer symbol
ACFN
Transactions as of
01 Jan 2024
Transactions value $
-$3
Form type
4
Filing time
31 Jan 2024, 21:18:27
Previous filing
05 Jan 2023
Next filing
25 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACFN common stock Options Exercise $1.8K +625 +0.69% $2.88* 91.2K 01 Jan 2024 Direct F1
transaction ACFN common stock Tax liability -$1.8K -296 -0.32% $6.09 90.9K 01 Jan 2024 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 Options Exercise $0 -625 -100% $0.00* 0 01 Jan 2024 common stock 625 $2.88 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were automatically exercised on a net share settlement basis immediately before their expiration, in accordance with their terms. The issuer delivered to the reporting person the number of shares underlying the stock options less the number of shares having a Fair Market Value on the date of such exercise equal to the aggregate exercise price for the stock options.
F2 One-fourth of the options became exercisable on each of 1/1/17, 4/1/17, 7/1/17 and 10/1/17.