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ACACIA RESEARCH CORP Director's Dealing 2011

Jun 17, 2011

33272_dirs_2011-06-17_3d9760f6-9594-4f69-8ea5-65645cf7b2e3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2011-06-15

Reporting Person: GRAZIADIO G LOUIS III (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-15 Common Stock M 7000 $6.5407 Acquired 31531 Direct
2011-06-15 Common Stock S 7000 $33.5409 Disposed 24531 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-15 Stock Option (Right to Buy) $6.5407 M 7000 Disposed 2012-02-25 Common Stock (7000) Direct

Footnotes

F1: The price reported is the average price for shares sold between $33.146 and $34.38 per share.