Filing Details

Accession Number:
0000880984-23-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-03 09:13:18
Reporting Period:
2022-12-01
Accepted Time:
2023-01-03 09:13:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
880984 Acorn Energy Inc. ACFN Services-Engineering Services (8711) 222786081
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1131043 H Jan Loeb Leap Tide Capital Management
10451 Mill Run Circle Suite 400
Owings Mills MD 21117
President And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-12-01 20,000 $0.33 2,176,518 No 4 P Direct
Common Stock Acquisiton 2022-12-27 14,386 $0.30 2,190,904 No 4 P Direct
Common Stock Acquisiton 2022-12-28 22,028 $0.32 2,212,932 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock stock options Acquisiton 2023-01-01 35,000 $0.00 35,000 $0.35
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
35,000 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,366,666 Indirect by IRA
Common Stock 4,372,017 Indirect by LLC
Footnotes
  1. Shares are held by Leap Tide Capital Acorn LLC, of which Mr. Loeb is the sole manager.
  2. Granted pursuant to the terms of a consulting agreement between the reporting person and the issuer.
  3. 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.
  4. 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.