SEC Form 4 · accession 0000880984-16-000012
ACORN ENERGY, INC. · ACFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Moore
Director
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 3:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880984
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | May 13, 2016 | S | 400,000 | $0.15 | D | 522,318 | D | |
| common stock | May 13, 2016 | S | 400,000 | $0.15 | D | 122,318 | D | |
| common stock | holding | — | — | — | 2,800 | I | by IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale was part of a privately negotiated transaction in which Mr. Moore, the Issuer's former CEO who resigned in January 2016, sold an aggregate of 800,000 shares to members of the Issuer's Board.