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confidence high
sentiment neutral
materiality 0.45
Acorn Energy signs consulting agreement with CEO Jan Loeb; grants 35,000 options at $0.63
ACORN ENERGY, INC.
- Cash compensation of $16,000/month for President/CEO role, plus $10,000/month for acting CEO of OmniMetrix.
- Grant of 35,000 options at exercise price of $0.63 (Dec 31, 2021 closing price).
- Options vest: 25% immediately, remainder in three equal quarterly increments through Oct 2022.
- Agreement effective Jan 1, 2022, expires Dec 31, 2022 unless terminated earlier.