SEC Form 4 · accession 0000880984-18-000003
ACORN ENERGY, INC. · ACFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mannie L Jackson
Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 5:26 pm EST
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 | $0.23 | Jan 1, 2018 | A | 10,000 | A | — | — | common stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Granted pursuant to the issuer's 2006 Stock Incentive Plan in connection with the reporting person's service on the Board of Directors.
- F2One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 4/1/18, 7/1/18 and 10/1/18.
- F3Options expire upon the earlier of (a) 1/1/25 or (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.