Clifford Tracy Simmons 4
4 · ACORN ENERGY, INC. · Filed Jun 5, 2023
Insider Transaction Report
Form 4
Transactions
- Purchase
common stock
2023-06-01$0.28/sh+563$158→ 10,563 total - Award
stock options
2023-06-01+100,000→ 100,000 totalExercise: $0.31→ common stock (100,000 underlying) - Purchase
common stock
2023-06-02$0.28/sh+3,950$1,106→ 14,513 total
Footnotes (3)
- [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.