Tracy S. Clifford - Jun 1, 2023 Form 4 Insider Report for ACORN ENERGY, INC. (ACFN)

Role: CFO
Signature: Tracy S. Clifford
Stock symbol: ACFN
Transactions as of: Jun 1, 2023
Transactions value $: $1,264
Form type: 4
Date filed: 6/5/2023, 05:39 PM
Previous filing: Sep 21, 2022
Next filing: Jun 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACFN	common stock	Purchase	$158	+563	+5.63%	$0.28	10.6K	Jun 1, 2023	Direct
transaction	ACFN	common stock	Purchase	$1.11K	+3.95K	+37.39%	$0.28	14.5K	Jun 2, 2023	Direct

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	+100K		$0.00	100K	Jun 1, 2023	common stock	100K	$0.31	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 6/1/23, 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 9/1/23, 12/1/23 and 3/1/24.
F3	Options expire on the earlier of (a) 6/1/30 and (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.