Filing Details
- Accession Number:
- 0000880984-16-000010
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-16 15:09:29
- Reporting Period:
- 2016-05-13
- Filing Date:
- 2016-05-16
- Accepted Time:
- 2016-05-16 15:09:29
- 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 | No | 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 | 2016-05-13 | 400,000 | $0.15 | 400,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 850,000 | Indirect | see footnote |
Footnotes
- The purchase was part of a privately negotiated transaction in which the Issuer's former CEO, who resigned in January 2016, sold an aggregate of 800,000 shares to members of the Issuer's Board.
- The shares are held by Leap Tide Capital Partners III, LLC. Mr. Loeb is the sole manager of Leap Tide Capital Partners III, LLC, with sole voting and dispositive power over the shares. Mr. Loeb disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
Billionaire Hedge Funds
