SEC Form 4 · accession 0000880984-18-000007
ACORN ENERGY, INC. · ACFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan H Loeb
Officer — President and CEO · Director
Period of report
May 1, 2018
Accepted (ET)
May 2, 2018 · 4:05 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 | $0.35 | May 1, 2018 | A | 35,000 | A | — | — | common stock | 35,000 | 35,000 | D |
Explanation of responses
- F1Granted pursuant to the terms of consulting agreement between the reporting person and the issuer.
- F2One-half of the options are immediately exercisable; and additional one-fourth become exercisable on each of 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.