Tracy S. Clifford - Jun 1, 2022 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role
CFO
Signature
Tracy Clifford
Stock symbol
ACFN
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 05:04 PM
Previous filing
May 12, 2021
Next filing
Sep 14, 2022

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 Award $0 +50K $0.00 50K Jun 1, 2022 common stock 50K $0.44 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the terms of the Amended and Restated Consulting Agreement, dated as of 6/1/22, by and between the Issuer and Tracy Clifford Consulting, LLC.
F2 One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 9/1/22, 12/1/22 and 3/1/23.
F3 Options expire on the earlier of (a) 6/1/29 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.