Edgar Filing: ACORN ENERGY, INC.

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

LOEB JAN H

2. Issuer Name and Ticker or Trading Symbol
ACORN ENERGY, INC. [ACFN]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President and CEO

(Last)

(First)

(Middle)

LEAP TIDE CAPITAL MANAGEMENT, 10451 MILL RUN CIRCLE SUITE 400

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2016

(Street)

OWINGS MILLS, MD 21117

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

warrants ⁽¹⁾

$ 0.13

03/16/2016

35,000

⁽²⁾

⁽³⁾

common stock

35,000

⁽⁴⁾

35,000

see footnote ⁽¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LOEB JAN H LEAP TIDE CAPITAL MANAGEMENT 10451 MILL RUN CIRCLE SUITE 400 OWINGS MILLS, MD 21117	X		President and CEO

Signatures

Jan Loeb		03/18/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The warrants are held by Leap Tide Capital Management, LLC. The warrants were purchased pursuant to the terms of a Consulting Agreement between Leap Tide Capital Management, LLC and Acorn Energy, Inc., dated January 8, 2016. Mr. Loeb is the sole owner and manager of Leap Tide Management, LLC, with sole voting and dispositive power over the warrants and the shares underlying the warrants. Mr. Loeb disclaims beneficial ownership of the warrants and the shares underlying the warrants except to the extent of his pecuniary interest therein.
(2)	One-fourth of the warrants are immediately exercisable; an additional one-fourth become exercisable on each of 6/16/16, 9/16/16 and 12/16/16.
(3)	The warrants expire upon the earlier of (a) 3/16/23 or (b) 18 months from the date Mr. Loeb ceases to be a director, officer, employee or consultant of Acorn Energy, Inc.
(4)	Pursuant to the terms of the Consulting Agreement, the warrants were purchased for an aggregate nominal purchase price of $100.00.

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