Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ACORN ENERGY, INC. Director's Dealing 2012

Aug 15, 2012

34398_dirs_2012-08-15_5932e4ec-e9ea-47f8-b5ad-a4d36c98adcb.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACORN ENERGY, INC. (ACFN)
CIK: 0000880984
Period of Report: 2012-08-10

Reporting Person: Verition Fund Management LLC (10% Owner)
Reporting Person: Maounis Nicholas Matthew (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1278413 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Call Option - option to buy $15 2014-05-12 Common Stock (100000) Indirect
Call Option - option to buy $15 2014-05-14 Common Stock (400000) Indirect
Call Option - option to buy $13 2014-08-15 Common Stock (250000) Indirect

Footnotes

F1: This Form is filed on behalf of Verition Fund Management LLC ("Verition") and Nicholas Maounis and relates to securities held for the account of Verition Multi-Strategy Master Fund Ltd. (the "Fund"). Verition serves as the investment manager to the Fund, and in such capacity, may be deemed to have voting and dispositive power over the securities. Nicholas Maounis is the managing member of Verition. The Reporting Persons have filed this statement out of an abundance of caution, as each of the Reporting Persons deems itself not to be the beneficial owner of the securities covered by this statement, pursuant to Rule 16a-1(a)(1)(a). Accordingly, each Reporting Person disclaims beneficial ownership in the securities and this filing shall not be deemed an admission that such Reporting Person is, for purposes of section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any securities covered by the statement.