UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) March 1, 2012

 

ACORN ENERGY, INC.

(Exact name of Registrant as Specified in its Charter)

 

Delaware   0-19771   22-2786081
(State or Other Jurisdiction   (Commission file Number)   (IRS Employer
of Incorporation)       Identification No.)

 

4 West Rockland Road, Montchanin, Delaware   19710
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code (302) 656-1707

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On March 1, 2012, Acorn Energy, Inc. (“Acorn”), entered into a Third Amendment (the “Amendment”) to the Employment Agreement, dated as of March 4, 2008 and as previously amended (the “Agreement”), with John A. Moore, Acorn’s President and CEO. Under the terms of the Amendment, Mr. Moore’s employment shall continue until the earlier of any Extension Term End (as defined below) and the date his employment is otherwise terminated according to the provisions of the Agreement. “Extension Term End” means the fourth day of any month if either Acorn or Mr. Moore shall have given the other written notice of termination of the Agreement ten days prior to such date.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 5th day of March, 2012.

 

  ACORN ENERGY, INC.
     
  By: /s/  Heather K. Mallard
  Name:  Heather K. Mallard
  Title: Vice President, General Counsel & Secretary