Jan H. Loeb - Dec 1, 2022 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role: President and CEO, Director, 10%+ Owner
Signature: Jan H. Loeb
Stock symbol: ACFN
Transactions as of: Dec 1, 2022
Transactions value $: $17,865
Form type: 4
Date filed: 1/3/2023, 08:13 AM
Previous filing: Sep 23, 2022
Next filing: Mar 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACFN	common stock	Purchase	$6.5K	+20K	+0.93%	$0.33	2.18M	Dec 1, 2022	Direct
transaction	ACFN	common stock	Purchase	$4.32K	+14.4K	+0.66%	$0.30	2.19M	Dec 27, 2022	Direct
transaction	ACFN	common stock	Purchase	$7.05K	+22K	+1.01%	$0.32	2.21M	Dec 28, 2022	Direct
holding	ACFN	common stock						1.37M	Dec 1, 2022	by IRA
holding	ACFN	common stock						4.37M	Dec 1, 2022	by LLC	F1

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	+35K		$0.00	35K	Jan 1, 2023	common stock	35K	$0.35	Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are held by Leap Tide Capital Acorn LLC, of which Mr. Loeb is the sole manager.
F2	Granted pursuant to the terms of a consulting agreement between the reporting person and the issuer.
F3	One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 4/1/23, 7/1/23 and 10/1/23.
F4	Options expire on the earlier of (a) 1/1/30 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.