ACACIA RESEARCH CORP — Director's Dealing 2011

Aug 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2011-08-08

Reporting Person: RYAN PAUL R (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-08	Common Stock	S	7000	$37.4353	Disposed	510392	Direct
2011-08-09	Common Stock	S	18000	$34.8824	Disposed	492392	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5(10 Trading plan adopted by the Reporting Person on June 6, 2011.

F2: The price reported is the average price for shares sold between $34.11 and $38.61 per share..

F3: The price reported is the average price for shares sold between $34.00 and $36.36 per share..