SEC Form 4 · accession 0000880984-16-000006
ACORN ENERGY, INC. · ACFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mannie L Jackson
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880984
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock optionsF1,F2,F3 | $0.14 | Apr 1, 2016 | A | 10,000 | A | — | — | common stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Granted pursuant to the issuer's compensation policy for non-employee directors.
- F25,000 of the options are immediately exercisable; an additional 2,500 become exercisable on each of 7/1/16 and 10/1/16.
- F3Options shall expire upon the earlier of (a) 1/1/23 or (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.