ACACIA RESEARCH CORP — Director's Dealing 2011

Mar 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2011-03-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-08	Common Stock	S	8700	$35.54	Disposed	605725	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 12/1/10.

F2: The price reported is the average price for shares sold between $35.50 and $35.66 per share..