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ACORN ENERGY, INC. — Director's Dealing 2012
Aug 15, 2012
34398_dirs_2012-08-15_5932e4ec-e9ea-47f8-b5ad-a4d36c98adcb.zip
Director's Dealing
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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.