Lawrence Wesley Golby - Nov 12, 2021 Form 3 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role
Director of Research
Signature
/s/ Jennifer Graff, Attorney in fact
Stock symbol
ACTG
Transactions as of
Nov 12, 2021
Transactions value $
$0
Form type
3
Date filed
11/22/2021, 05:38 PM
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACTG ACTG Common Stock 80K Nov 12, 2021 Direct F1
holding ACTG ACTG Common Stock 45K Nov 12, 2021 Direct F2
holding ACTG ACTG Common Stock 20K Nov 12, 2021 Direct F3
holding ACTG ACTG Common Stock 6.7K Nov 12, 2021 By: Daughters F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ACTG Stock Option (Right to Buy) Nov 12, 2021 Acacia Research Corporation Common Stock 113K $5.84 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award of restricted stock awards ("RSAs") is made pursuant to the 2013 Acacia Research Corporation Stock Incentive Plan. The RSAs vest annually in equal installments over three years starting from August 1, 2020 (the "Grant Date"), such that the RSAs shall be fully vested on the date which is three years from the Grant Date.
F2 This award of restricted stock units ("RSUs") is made pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. The RSUs will vest annually in equal installments on the date of each of the Company's 2022, 2023 and 2024 Annual Meeting of Stockholders, respectively.
F3 These shares are held in two IRA accounts in the reporting person's name.
F4 These shares are held in trusts for the benefit of the minor daughters of the reporting person and for which the reporting person is an investment advisor.
F5 One third of the option shares will vest and be exercisable on the date of each of the Company's 2022, 2023 and 2024 Annual Meeting of Stockholders, respectively.