ACACIA RESEARCH CORP — Director's Dealing 2011

Jan 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2011-01-10

Reporting Person: HARRIS ROBERT L II (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-10	Common Stock	S	3106	$26.0057	Disposed	495789	Direct
2011-01-11	Common Stock	S	5781	$25.4309	Disposed	490008	Direct
2011-01-12	Common Stock	S	5316	$26.207	Disposed	484692	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 December 1, 2010.