Woolard Edgar S Jr 4
4 · ACORN ENERGY, INC. · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Woolard Edgar S Jr
Director
Transactions
- Award
common stock
2018-01-01+73,913→ 822,357 total - Award
stock options
2018-01-01+10,000→ 10,000 totalExercise: $0.23→ common stock (10,000 underlying)
Footnotes (5)
- [F1]Awarded in lieu of cash fees for service on the issuer's Board of Directors.
- [F2]73,913 shares were granted in lieu of $17,000 in cash fees, based on the closing price of the stock on the OTCQB on December 29, 2017 of $0.23.
- [F3]Granted pursuant to the issuer's 2006 Stock Incentive Plan in connection with the reporting person's service on the Board of Directors.
- [F4]One-fourth of the options are immediately exercisable; an additional one-fourth become exercisable on each of 4/1/18, 7/1/18 and 10/1/18.
- [F5]Options expire upon the earlier of (a) 1/1/25 or (b) 18 months from the date the reporting person ceases to be a director, officer, employee or consultant.