Form 4 for ACFN ACORN ENERGY, INC.
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0000880984-23-000005 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-06 | 2023-03-02 | ACFN | LOEB JAN H | Pres, CEO, Dir, 10% | M - OptEx | $0.13 | +35.0K | 2.25M | +2% | +$4,550 |
| DI | 2023-03-06 | 2023-03-02 | ACFN | LOEB JAN H | Pres, CEO, Dir, 10% | M - OptEx | — | -35.0K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | common stock | 2023-03-02 | M | A | 35,000 | $0.13 | 2,247,932 | D | — | — | |
| 2 | Derivative | warrants | 2023-03-02 | M | D | 35,000 | — | 0 | I see footnote | $0.13 · — to 2023-03-16 | 35,000 common stock | (F3) The warrants were held by Leap Tide Capital Management, LLC. The warrants were purchased for an aggregate nominal purchase price of $100.00 pursuant to the terms of a Consulting Agreement between Leap Tide Capital Management, LLC and Acorn Energy, Inc. Mr. Loeb is the sole owner and manager of Leap Tide Management, LLC, with sole voting and dispositive power over the warrants and the shares underlying the warrants. (F2) One-fourth of the warrants became exercisable on each of 3/16/16, 6/16/16, 9/16/16 and 12/16/16. |