ACACIA RESEARCH CORP — Director's Dealing 2013

Feb 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2013-02-25

Reporting Person: HAYNES CLAYTON J (Sr.V.P, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-25	Common Stock	M	3136	$5.17	Acquired	74807	Direct
2013-02-25	Common Stock	S	3136	$30.2161	Disposed	71671	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-25	Stock Option (Right to Buy)	$5.17	M	3136	Disposed	2013-11-24	Common Stock (3136)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5(1) Trading plan adopted by the Reporting Person on September 13, 2012.

F2: The price reported is the average price for shares sold between $30.16 and $30.29 per share.